A scattering of S&P 500 companies have yet to report third quarter results, with most of the reports in the rearview mirror. So far, the Q3 earnings season is off to a positive start. As of Nov. 21, 95% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 13.4% jump in earnings per share during the third quarter. If that figure holds, it would mark the fourth straight quarter of double-digit earnings growth and an acceleration from the 12% earnings growth rat ...

Core Insights - The earnings season for Q3 2025 has shown strong performance, with many S&P 500 companies exceeding expectations [1][7][8] - Wayfair and American Express have emerged as significant winners during this period, both reporting positive post-earnings reactions and guidance upgrades [1][7] Wayfair Performance - Wayfair reported adjusted EPS of $0.70, a 220% increase year-over-year, and sales of $3.1 billion, reflecting an 8.1% growth [3] - The company achieved a record adjusted EBITDA margin of 6.7%, the highest outside the pandemic [3] - Orders delivered grew by over 5% year-over-year, with new orders increasing in the mid-single digits for two consecutive periods [4] American Express Performance - American Express reported adjusted EPS growth of 19% and a 10% increase in sales, with total sales reaching a record $18.4 billion [5][6] - The strong results led to an upgrade in the company's sales and EPS outlook for the current year [5] - Increased Card Member spending and successful launches of updated Platinum Cards contributed to the positive performance, with Net Interest Income of $4.5 billion exceeding estimates by nearly 4% [6] Overall Market Sentiment - The Q3 2025 earnings cycle has been notably positive, with strong EPS and revenue growth among S&P 500 members [8] - The performance of major banks has provided a solid indication of consumer health [7]

Earnings Reports Overview - The current earnings season is nearing its end, with notable companies reporting during the holiday-shortened week [1] - Retail investors are particularly focused on earnings reports from major companies [1] Company-Specific Earnings Reports - WeRide Inc. (NASDAQ:WRD) and LexinFintech Holdings Ltd. (NASDAQ:LX) reported before the market opened on November 24, both showing better-than-expected results, leading to stock price increases [2] - Zoom Communications Inc. (NASDAQ:ZM) is expected to report third-quarter results after the market closes on November 24, with analysts predicting earnings of $1.44 per share and revenue of $1.21 billion [3] - Alibaba Group Holding Ltd. (NYSE:BABA) will release its Q2 earnings report before the market opens on November 25, with expectations of adjusted earnings of 81 cents per share and revenue of $34.43 billion [3] - Retailers Kohl's Corp. (NYSE:KSS) and Best Buy Co. Inc. (NYSE:BBY) are anticipated to provide insights into consumer behavior with their reports on November 25 [4] - Cleanspark Inc. (NASDAQ:CLSK), Dell Technologies Inc. (NYSE:DELL), and Zscaler Inc. (NASDAQ:ZS) are set to report after the market closes on November 25 [5] - Li Auto Inc. (NASDAQ:LI) and EHang Holdings Ltd. (NASDAQ:EH) will report their results before the market opens on November 26, alongside Deere & Co. (NYSE:DE), which has consistently beaten analyst expectations for 12 consecutive quarters [6] Market Schedule - U.S. stock markets will be closed on November 27 for the Thanksgiving holiday [8] - The stock market will have an early closure at 1 p.m. ET on November 28 [9]

With the greater part of third quarter earnings results in the rearview mirror, investors are looking closely at marquee reports from Nvidia (NVDA) and Walmart (WMT) this week. So far, the Q3 earnings season is off to a positive start. As of Nov. 14, 92% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 13.1% jump in earnings per share during the third quarter. If that figure holds, it would mark the fourth straight quarter of double-digit earnings growth ...

With the greater part of third quarter earnings results in the rearview mirror, investors are looking ahead to marquee reports from Nvidia (NVDA) and Walmart (WMT) this week. So far, the Q3 earnings season is off to a positive start. As of Nov. 14, 92% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 13.1% jump in earnings per share during the third quarter. If that figure holds, it would mark the fourth straight quarter of double-digit earnings growth an ...

Core Insights - The third quarter earnings season is showing positive results, with a significant increase in earnings per share expected for S&P 500 companies [2][3] Group 1: Earnings Performance - As of November 14, 92% of S&P 500 companies have reported their Q3 results, with analysts projecting a 13.1% increase in earnings per share [2] - This anticipated growth would represent the fourth consecutive quarter of double-digit earnings growth, accelerating from the 12% growth rate reported in Q2 [2] - Initial expectations for Q3 were lower, with analysts forecasting only a 7.9% increase in earnings per share as of September 30 [3] Group 2: Upcoming Reports - Key companies to watch this week include Nvidia and Walmart, alongside earnings reports from Palo Alto Networks, Home Depot, Lowe's, Target, TJX, and XPeng [4]

It's earnings season, and I clicked through lots of earnings calls, press releases, and media reports last week. I kept seeing articles with investing tips that are actually traps to avoid. ...

Core Insights - The Retail-Wholesale sector is expected to show growth in sales and earnings, influenced by consumer sentiment and spending trends [1][2] - The sector anticipates a year-over-year top-line growth of 6.2% and a bottom-line increase of 15.3% for the third quarter [2] - Companies with earnings beat potential have been identified, including Dollar General, Burlington Stores, Urban Outfitters, and TJX Companies [3] Sector Performance - Retail earnings are expected to reflect changing consumer spending patterns, with a shift towards essentials and value-oriented products due to inflation [4] - Persistent inflation continues to impact consumer budgets, leading to lower demand in discretionary categories [5] - The back-to-school season and early holiday promotions may help sustain sales in apparel, electronics, and personal care categories [5] Operational Challenges - Services and labor costs, particularly in logistics and staffing, are affecting operating margins [6] - Retailers focusing on strategic pricing and supply-chain management are better positioned to maintain market share [6] E-commerce Growth - The growth of e-commerce, supported by improved delivery times and AI-driven recommendations, is crucial for retail success [7] - Companies investing in online shopping experiences and loyalty programs gain a competitive advantage [7] Inventory Management - Efficient inventory management is key to retail profitability, with advanced analytics helping optimize stock levels [8] - Supply-chain complexities pose risks that may limit the benefits of improved demand planning [8] Company-Specific Insights - **Dollar General**: Zacks Rank 2, Earnings ESP of +12.31%, with a consensus estimate of $0.95 EPS, indicating a 6.7% increase year-over-year [10][12] - **Burlington Stores**: Zacks Rank 3, Earnings ESP of +3.24%, with a consensus estimate of $1.59 EPS, suggesting a 2.6% increase year-over-year [13][14] - **Urban Outfitters**: Zacks Rank 3, Earnings ESP of +6.24%, with a consensus estimate of $1.19 EPS, indicating an 8.2% increase year-over-year [15][16] - **TJX Companies**: Zacks Rank 3, Earnings ESP of +2.87%, with a consensus estimate of $1.22 EPS, suggesting a 7% increase year-over-year [17][18]

Core Insights - Chord Energy Corporation (CHRD) reported better-than-expected third-quarter 2025 results, with adjusted earnings of $2.35 per share, surpassing the Zacks Consensus Estimate of $2.24, although down from $3.40 in the same quarter last year [1][9] - Total quarterly revenues reached $1,312.1 million, exceeding the Zacks Consensus Estimate of $993.8 million, but decreased from $1,450.5 million in the prior year [2][9] Production Overview - CHRD's total production for the third quarter was 280.9 thousand barrels of oil equivalent per day (MBoE/D), nearly unchanged from 280.8 MBoE/D a year ago [4][9] - Oil production accounted for 55.4% of total production, amounting to 155.7 thousand barrels per day (MBbl/D), down from 158.8 MBbl/D in the previous year [4] - Natural gas production was 420.1 million cubic feet per day (MMcf/D), slightly down from 421.8 MMcf/D recorded a year ago [4] Pricing and Expenses - Average sales prices for natural gas increased to $0.81 per Mcf from $0.44 a year ago, while oil price realization was $63.59 per barrel, down from $73.51 [5] - Total operating expenses decreased to $1,140.9 million from $1,174.6 million in the prior year, with lease operating costs slightly up to $248.6 million [6] Capital Expenditures and Financials - In the third quarter, Chord Energy spent $333.7 million on exploration and production and other operations [7] - As of September 30, 2025, the company had a total debt of $1.5 billion [7] Future Outlook - Chord Energy's production guidance for 2025 is projected between 275.6 MBoE/D and 278.1 MBoE/D, with expectations for the December quarter production ranging from 268.7 MBoE/D to 278.7 MBoE/D [10] - The company anticipates full-year oil production of 153.8-154.8 MBbl/D, with fourth-quarter expectations of 149 MBbl/D to 153 MBbl/D [10]

Market Performance & Trends - S&P futures and NASDAQ are slightly up, with NASDAQ up by approximately six points [1] - The Dow Jones Industrial Average has reached new record highs, closing above 48,000 [1] - NASDAQ is just over 2% away from its all-time high [2] - The market exhibits a tendency to trend upwards, with new highs often leading to further highs [3] Earnings & Profitability - With 90% of results in, companies have demonstrated an average topline growth of 8% and bottom line growth of 12%, indicating increased profitability [6] - Earnings growth was widespread across 10 of 11 sectors [6] Hyperscaler Leverage & Debt - Hyperscalers are generally underlevered and have the flexibility to increase debt on their balance sheets [7][8] - Some hyperscalers are borrowing at rates close to the US government rate, indicating market support for their debt [9] Risks & Vulnerabilities - The interconnectedness of deals and the syndication of debt among a focused number of companies pose a potential vulnerability for the markets [11] - It is difficult to discern who will bear the risk if deals do not perform as expected, requiring close monitoring of escape clauses in private contracts [11][12][13]