UnitedHealth (NYSE:UNH) is scheduled to announce Q2 earnings results on Tuesday, July 16th, before market open. Analysts expect profit of $6.65 per share (+8.3% Y/Y) on revenue of $98.81B (+6.4% Y/Y). Over the last 2 years, UNH has beaten EPS estimates 88% of the time and has beaten revenue estimatesContinue Reading
hapabapa BlackRock (NYSE:BLK) Q2 earnings and revenue climbed past Wall Street expectations as market gains increased its average assets under management and organic base fees grew, the asset manager said on Monday. “Organic growth was driven by private markets, retail active fixed income, and surging flows into our ETFs, whichContinue Reading
Earnings season kicks into high gear in mid-July, featuring a wave of releases from some of the world’s most prominent companies. The docket includes major banks, pharmaceutical firms and airlines, as well as tech and telecom giants. Notable firms stepping into the spotlight include Bank of America (NYSE:BAC), Johnson &Continue Reading
In a week marked by the start of the earnings season, the stock boards unveiled a mixed bag of performances across key sectors of financials, industrials, and consumer staples. While most of the market is focused on artificial intelligence and technology, the resiliency of the U.S. economy this year isContinue Reading
The S&P 500’s Energy sector (NYSEARCA:XLE) had a lackluster performance during the second quarter, as it fell 4.2% in the period. The sector, which holds a 4.3% weightage on the S&P 500 index and is composed of companies that are into oil production, drilling, refining and transportation, has gained nearlyContinue Reading
With an impressive show so far this year, the S&P 500’s Information technology sector (NYSEARCA:XLK) clocked an 8.32% gain in the last three months, making itself the highest outperformer compared to the broader market. The artificial intelligence frenzy led a bull run in tech stocks, with investors rallying on theContinue Reading
With the second-quarter earnings season around the corner, let’s take a closer look at the materials sector, which shed 4.7% in the April-June period, underperforming the broader stock market. That compares to a 2.9% growth in the overall materials sector in the same period a year ago. According to SeekingContinue Reading
Fastenal (NASDAQ:FAST) is scheduled to announce Q2 earnings results on Friday, July 12th, before market open. The consensus EPS Estimate is $0.51 (-1.9% Y/Y) and the consensus Revenue Estimate is $1.92B (+2.1% Y/Y). Over the last 2 years, FAST has beaten EPS estimates 88% of the time and has beatenContinue Reading
The S&P 500’s health care sector (NYSEARCA:XLV), holding a weightage of 12.12% in the S&P 500 index, saw a fall of 0.49% in Q2 and is the fifth lowest scored sector by the SA Quant rating system. With earnings kicking off next week, we look at the sector’s performance andContinue Reading
Jeff Swensen/Getty Images News Alcoa (NYSE:AA) +2.7% post-market Wednesday after disclosing preliminary Q2 results showing sequential increases in revenue, net income, adjusted net income and adjusted EBITDA, helped by higher alumina and aluminum prices. Alcoa (AA) said it expects to report Q2 adjusted earnings of $0.08-$0.19/share, beating $0.07 analyst consensusContinue Reading
