From Nasdaq, Inc.: 2025-04-11 18:17:00

The Q1 reporting cycle began with releases from major banks like JPMorgan, Wells Fargo, and Morgan Stanley, overshadowed by ongoing tariff uncertainties affecting the market. Despite a pause in reciprocal tariffs, economic uncertainty persists, impacting consumer and business spending. Strong U.S. economic foundations provide some stability amid global turmoil, with ongoing recession fears partially allayed.

Early Q1 earnings reports show mixed results, with consumer spending remaining strong despite market volatility. Guidance for future quarters is crucial, but uncertainties surrounding tariffs may impact expectations. Earnings estimates for Q2 and beyond are expected to be revised downward, reflecting ongoing macroeconomic challenges and trade tensions.

This week, over 80 companies, including Netflix, UnitedHealthcare, and Johnson & Johnson, are set to report earnings. Finance sector players dominate the lineup, with banks and insurance companies in focus. Companies like UnitedHealthcare, benefiting from recent policy changes, show resilience amid tariff uncertainties, while others like CSX Corp face trade-related challenges.

Early Q1 results from 29 S&P 500 members show a 6.5% increase in earnings and 5.7% revenue growth, with most companies beating estimates. However, the EPS beat percentage is lower than in previous quarters, signaling challenges ahead. Estimates for Q1 suggest 6.3% earnings growth, lower than the previous period, with ongoing uncertainty impacting future outlooks.



Read more at Nasdaq, Inc.:: Are Tariff Worries Affecting the Earnings Outlook?