Earnings-season winners: 20 companies that have grown sales while improving profit margins

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

These earnings-season winners not only increase sales, they show pricing power for their products and services

Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts’ estimates. Then the analysts raise their estimates for upcoming quarters, and the pattern supports rising stock prices over time.

Profit margins vary widely by industry. They are most useful when looking at their movement for individual companies, or when comparing similar companies. Before looking at results for the full screen, you might want to see a comparison of margins for the “Magnificent Seven” stocks, which have contributed most of this year’s 15% total return for the S&P 500. All hasn’t been rosy, with Joseph Adinolfi reporting late in October that the seven companies — Microsoft Corp. MSFT, +0.81%, Apple Inc. AAPL, +0.77%, Amazon.com Inc. AMZN, +1.50%, Nvidia Corp. NVDA, -0.43%, Alphabet Inc. GOOGL, +0.17% GOOG, +0.24%, Meta Platforms Inc. META, +0.

So the margin picture for the Magnificent Seven has mostly been good, and investors can expect improvement for Nvidia as well when the company reports.

 

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

Foreign Firms Pull Billions in Earnings Out of ChinaThe outflows show interest rates, U.S. tensions and a weak economy are sapping China’s investment appeal
Source: WSJ - 🏆 98. / 63 Read more »

Singapore DBS Q3 profit beats view, sees steady earnings next yearSingapore's biggest bank DBS Group (DBSM.SI) reported on Monday a better than expected 18% jump in third-quarter net profit on the back of higher interest rates, which it forecast will also help keep its profit steady next year.
Source: Reuters - 🏆 2. / 97 Read more »

Futures edge up, earnings this week - what's moving marketsFutures edge up, earnings this week - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »

Dish Network Third-Quarter 2023 Earnings Report, Subscriber UpdateThe company, led by CEO Erik Carlson and chairman Charlie Ergen, reported its third-quarter results.
Source: THR - 🏆 411. / 53 Read more »

Dish Stock Slides After Earnings, Revenue Miss. There’s Deal News Too.Dish posted a surprise third-quarter loss. The group is also selling its Puerto Rico and U.S. Virgin Islands assets.
Source: MarketWatch - 🏆 3. / 97 Read more »

DISH Network plunges 9% on earnings miss, CEO's resignationDISH Network plunges 9% on earnings miss, CEO's resignation
Source: Investingcom - 🏆 450. / 53 Read more »