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Earnings Cycle Reaching Critical Mass

  • Cycle reaches critical mass in the coming week, with over 30% of the S&P 500 by market cap set to report. Full schedule including timings, EPS & revenue expectations here: MNIUSEARNINGS300123.pdf (
  • Highlights include Apple, Amazon, Alphabet (close to $4.5trl in market cap alone) as well as carmakers General Motors & Ford as well as ExxonMobil, Pfizer and Meta Platforms
  • The median US corporate has beaten on both EPS (71% beat forecast) and sales (68% beat forecast) this cycle

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