ZACKSยท2025-05-23 16:15Group 1: Earnings Season Overview - The 2025 Q1 earnings season is concluding, with most S&P 500 companies having reported results, which have been generally positive despite uncertainty from tariff discussions [1][19] Group 2: Netflix Performance - Netflix (NFLX) has seen a significant stock surge of 90% over the past year, attributed to strong results and reaffirmation of FY25 guidance [3][19] - Subscriber growth has been a key highlight, with only one quarter of negative growth in the last 12 quarters, and the introduction of ad-supported tiers has been successful [4][5] - The crackdown on password sharing has resulted in increased revenue opportunities, contributing to consistent double-digit percentage year-over-year sales growth for six consecutive periods [5] Group 3: Eaton Performance - Eaton (ETN) reported record Q1 adjusted EPS of $2.72 (up 13% YoY), record Q1 sales of $6.4 billion (up 7% YoY), and record segment margins of 23.9% (80 basis points increase YoY) [8] - Organic sales growth reached 9%, exceeding previous guidance, and backlog growth in the Electrical segment improved by 6% YoY, while Aerospace backlog surged by 16% [9] - The company has demonstrated a commitment to shareholder returns, with a 7% five-year annualized dividend growth rate [11] Group 4: Centene Performance - Centene (CNC) reported adjusted EPS of $2.90 and sales of $46.6 billion, exceeding consensus estimates with earnings up 28% YoY [13] - The company raised its 2025 premium and service revenues guidance by $6.0 billion due to higher-than-expected membership growth, reflecting a 17% YoY increase [13] - Analysts have adjusted sales expectations, with Centene now projected to achieve $179.6 billion in revenues for the current fiscal year [17]