Goldman Sachs is strong, Netflix raises questions: What we learned from earnings this week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Regwall-Pro News

Investment Strategy,Stock Markets,Goldman Sachs BDC Inc

Earnings from major banks, as well as UnitedHealth Group and Netflix, kicked off what could be a rocky earnings season.

Earnings season kicked off in earnest this week, with some notable results including those from some of the biggest U.S. banks and a major entertainment company. So far, more than 14% of S & P 500 companies have reported. Of those companies, 73.6% have beaten earnings expectations, FactSet data shows. Here's a look at some of the biggest reports of the week and what analysts think — along with a look at potential implications for the broader market.

That would be its biggest weekly gain since April 2020, when it rallied 15%. However, management noted the ongoing fallout of the cyberattack on its subsidiary Change Healthcare will result in an impact on full-year earnings to fall between $1.15 and $1.35 per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have “limited upside” from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset…
Source: NBCLA - 🏆 319. / 59 Read more »