Companies Are Beating Q1 Earnings Estimates So Far. Some Big Results Are Up Next

According to new research, the first quarter earning season is closed for a soft start from some measures, but another quarter of year-on-year development is still likely.

Based on the initial results – 12% of the bus S&P 500 companies have reported results so far, according to an analysis released by the factset late on Thursday – 70% of reporting companies in the benchmark index have come up in road estimates. The factset said that it is below the average of five- and 10 years.

According to the factset, the earnings have been received by above 6.1%, it is also below the average of five and 10 years. (Historical numbers are based on real results for full previous quarters.)

According to the factset, the results of the first quarter of S&P 500 are still estimated to grow to the seventh quarter, stating that the “mixed” income growth through Thursday means a combination of results and estimates for those who were 7.2% so far.

The investor’s focus will probably be converted into some spectacular seven consequences due to next week – Tesla and Google parents are scheduled to report reports – but the earning calendar will be busy with many other companies, such as Verizon (VZ), Pepsico (PEP), Inteell (BA) and also set them.

The Health Insurance Elevance (ELV) is also on the calendar, the results after the required days, the United Health (UNH) reported the weak-to-the-to-intake results and cut its outlook, which sent its stock on Thursday. (Yesterday was the last trading day of a holiday-shorted week.)