Summary of Earnings Season Preview for 4Q25 Industry Overview - The report focuses on the S&P 500 index and its earnings performance for the fourth quarter of 2025 (4Q25) - The technology sector, particularly the "Big 6 Tech+" companies, is highlighted as a key driver of earnings growth Core Insights and Arguments - **Earnings Growth Projections**: - S&P 500 EPS is forecasted to grow by 8.8% in 4Q25, with expectations that it may finish closer to 12.2% due to historical trends and potential earnings beats [1][10][20] - The technology sector is expected to lead with an EPS growth of 21.5%, significantly outpacing the rest of the S&P 500, which is projected to grow at only 1.4% [9][10] - **Sector Performance**: - Eight out of eleven sectors are anticipated to show positive growth, with the technology sector being the standout performer [1] - The materials sector is expected to see an EPS increase of 8.8% in 4Q25, with a forecasted acceleration to 20.9% for the full year 2026 [9] - The industrials sector is projected to contract with an EPS growth of -2.4%, heavily influenced by Boeing's performance [9] - Financials, which had strong growth in previous quarters, are expected to moderate to 6.7% this quarter [9] - **Earnings Revisions**: - Revisions for S&P 500 earnings are slightly above historical trends, particularly driven by the technology sector [2] - The consensus for 2026 EPS expectations for S&P 500 ex-Tech+ has remained stable since June, contrasting with typical declines [2] - **Early Reporters**: - Early reporting companies have exceeded EPS estimates by 14.3%, significantly above the historical average of 4.9% [3][39] Additional Important Insights - **Margin Expectations**: - S&P 500 margins are expected to increase by 70 basis points, the lowest expectations since 2Q23, with anticipated margin contractions in several sectors including telecom and healthcare [2] - **Top Contributors and Detractors**: - Notable contributors to EPS growth include NVIDIA (EPS growth of 70.7%), Microsoft (22.7%), and Alphabet (22.0%) [28] - Detractors include Uber (-75.8%), UnitedHealth Group (-69.1%), and Ford (-73.5%) [29] - **Market Dynamics**: - The report indicates a potential setup for a low bar in earnings expectations, particularly for sectors outside of technology [9][22] - **Future Outlook**: - The broader S&P 500 is expected to see a full-year EPS growth of 10% for 2026, with technology continuing to drive significant growth [9] This summary encapsulates the key points from the earnings season preview for 4Q25, highlighting the expected performance of the S&P 500 and its sectors, particularly the technology sector's influence on overall market growth.

目前，市场最担心的仍是成交量持续放大之后的调整风险。对此，中泰证券表示，长线资金托底，政策 推动下市场或维持交投活跃。东方证券认为，从历史经验来看，成交量持续放大之后，的确会引起市场 波动，尤其在沪综指17连阳且逼近4200点之时。 热门板块 1、AI应用领涨市场 以GEO、制药为首等AI应用方向领涨市场，易点天下、利欧股份、浙文互联、引力传媒、博瑞传播3连 板，天龙集团、值得买高开超10%。 1月13日，三大指数高开低走，截至发稿，沪指跌0.57%，深证成指跌0.63%，创业板指跌0.59%。 盘面上，以GEO、制药为首等AI应用方向领涨市场，易点天下、通达海、迪安诊断20CM涨停；创新药 概念股走强，泓博医药20cm涨停；商业航天板块早盘走低，西部材料、雷科防务、航天发展、航天机 电、中国卫通等多股跌停。 | | AI应用(02GN2343) | | + 板块 | | --- | --- | --- | --- | | | 1746.01 +41.26 +2.42% | | | | 股票名称 | 最新价 | 主力净流入 | 涨跌幅 | | 易点天下 图 301171 | 75.88 | -1.4亿 | + ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Sty ...

Key Takeaways Indivior shares jumped 21.7% since a late-October upgrade, far outpacing the S&P 500's 2% rise.FIGS surged 56.8% after a Zacks recommendation upgrade, compared with a 3.5% gain for the S&P 500.Ulta Beauty climbed 21.3% in 12 weeks as a Focus List holding, beating the S&P 500's 6.2% advance.Last week, U.S. stock markets ended on a generally positive note, despite mid-week volatility. The tech-heavy Nasdaq Composite, the Dow Jones Industrial Average, and the S&P 500 have secured healthy gains of ...

In the current session, the stock is trading at $627.15, after a 1.35% spike. Over the past month, Northrop Grumman Inc. (NYSE:NOC) stock increased by 8.81%, and in the past year, by 30.14%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Northrop Grumman P/E Ratio Analysis in Relation to Industry PeersThe P/E ratio measures the current share price to the company's EPS. It is used by ...

Core Viewpoint - The iShares U.S. Aerospace & Defense ETF (NYSEARCA:ITA) has experienced a significant increase of 61% over the past year, indicating strong performance in the aerospace and defense sector, which may continue due to President Trump's aggressive military stance [1] Group 1 - The iShares U.S. Aerospace & Defense ETF (ITA) has surged 61% in the last year [1]

TebNad / iStock via Getty Images Quick Read ITA holds $12B in assets with top positions in GE Aerospace at 21.5% and RTX at 16.4%. Trump banned defense contractor dividends and buybacks on January 7 to force reinvestment in production capacity. The $900B defense bill passed in December provides baseline funding before any supplemental appropriations. Have You read The New Report Shaking Up Retirement Plans? Americans are answering three questions and many are realizing they can retire earlier than ...

Few industrial companies capture the minds and hearts of air travelers like Airbus ( EADSY ) and Boeing ( BA ), transatlantic archrivals best known for their commercial aircraft but whichAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have ...

Stadtratte/iStock via Getty Images Despite the threat of economic slowdown and high-interest rates, the US industrials sector delivered a solid performance in fiscal 2025, beating the S&P 500 and MSCI USA indices. The sector is expected to accelerate its growth in 2026 amid the favorable market conditions. The robust US GDP growth rate along with rate cuts is likely to translate into mid-teen percentage earnings growth for the industrials sector. Therefore, I initiate coverage of Fidelity MSCI Industria ...

Stadtratte/iStock via Getty Images Despite the threat of economic slowdown and high-interest rates, the US industrials sector delivered a solid performance in fiscal 2025, beating the S&P 500 and MSCI USA indices. The sector is expected to accelerate its growth in 2026 amid the favorable market conditions. The robust US GDP growth rate along with rate cuts is likely to translate into mid-teen percentage earnings growth for the industrials sector. Therefore, I initiate coverage of Fidelity MSCI Industria ...