Earnings Outlook

We discuss what trends in margins and management guidance tell us about the overall earnings outlook.

In addition to update on the Q4 earnings season, we discuss the different earnings drivers.

We discuss the impact of ongoing headwinds on corporate profitability and identify the sectors most at risk of margin squeeze.

We discuss the earnings outlook for the different sectors in the current environment of rising costs and supply chain issues.

We discuss the earnings outlook for the Retail space, particularly in the context of the rising fresh infection rates.

We discuss what gave us the impressive results in Q2 and whether those factors will remain in place going forward or not.

We discuss and make sense of the market's muted reaction to otherwise very strong earnings results.

Sheraz and Terry discuss why stocks have enjoyed below-average follow through in the market after coming out with strong Q1 results. We grapple with the question of whether this behavior is indicative of market skepticism about the earnings outlook.

The Q1 earnings season turned out to be everything that the market was looking for, and then some.

Earnings growth has resumed earlier than expected, with 2020 Q4 earnings now expected to be above the year-earlier period.