From Nasdaq: 2024-04-30 12:48:00

Today’s Research Daily features a real-time update on the Q1 earnings season, with reports on major stocks like Apple Inc. (AAPL), Walmart Inc. (WMT), and Chevron Corporation (CVX). Q1 results from 267 S&P 500 members show +3.1% earnings growth on +3.9% higher revenues, with 79% beating EPS estimates. Apple faces legal challenges and forex headwinds, but Services segment strength. Walmart benefits from omnichannel initiatives and delivery services. Chevron positioned for growth despite challenges in upstream and downstream segments. Aon’s new business growth aids, while high costs remain a concern. Carrier benefits from strong portfolio adoption. American Water strengthens infrastructure for growth. Domino’s sees sales growth, but high costs are a concern. ITT benefits from motion technologies segment, but high costs are a challenge. Insperity gains from strong sales and client retention. Omnicell expands globally amid stiff rivalry. Light & Wonder benefits from gaming machines demand. Dycom sees opportunities from 5G technology deployments. Amarin rides on Vascepa sales in EU and restructuring plan. Workday faces margin issues and competition pressure. Paycom Software gains from growing customer base. Valley National faces CRE exposure and NIM pressure concerns.



Read more at Nasdaq: Q1 Earnings Season Scorecard and Fresh Research Reports for Apple, Walmart & Chevron