From Investing.com: 2025-01-18 03:30:00

UBS forecasts an 8.4% year-over-year increase in EPS for Q4 2024, with final figures potentially reaching 12% due to historical trends of upward revisions. Tech sector expected to lead growth, with TECH+ projected to rise 20.4%. Some tech companies like Nvidia and Amazon poised for significant earnings surges.

Despite overall positive outlook, Energy sector expected to drag down Q4 performance with a projected EPS contraction of 27.5%. Financials, particularly investment banks like Bank of America and JPMorgan Chase, set to deliver robust growth of 17.8%. Median basis shows financials as the fastest growing group for Q4.

Tech-related companies have defied typical downward adjustments to Q4 earnings estimates, remaining flat in the past two months. Early reporters for Q4 have slightly exceeded expectations by 4.3%, indicating a strong start to the earnings season. Tech giants like Microsoft and Apple forecasted for more moderate growth compared to others.



Read more at Investing.com: Q4 earnings season preview By Investing.com