Earnings season kicks off this week as the first of the major companies start to report Q3 numbers. Most of the big names reporting are all Financials like Blackrock (BLK), JP Morgan (JPM), PNC, and Wells Fargo (WFC) on Friday, but we will also hear results from other notables like Lennar (LEN) and KB Home (KBH) on Wednesday and then Delta (DAL) on Thursday.
The pace of reports really won’t pick up until the week after next when 133 companies in the Russell 1000 are on the calendar. Then, we get into the peak reporting period in the last week of January/first week of February when 379 companies in the index will report from 1/29 through 2/9. The busiest day in that two-week stretch will be on 2/1 when 65 companies in the Russell 1000 will report. For a more detailed rundown of the earnings schedule for the upcoming season, please see our Interactive Earnings Calendar.
We just published our quarterly look at analyst revisions heading into this earnings season. In this report, we take the current trends and break down how the equity market has performed during prior periods when analyst revisions were at similar levels.
For anyone with more than a passing interest in how equities are impacted by earnings season, this report is a must-read. To see the report, sign up for a Bespoke Premium membership now!