Markets Brief: Q3 Earnings Season Kicks Off - Morningstar

Oct 14, 2024 · The Morningstar US Market Index rose 1.18%. The best-performing sectors were technology, up 2.73%, and financial services, up 1.85%. ... Markets Brief: Q3 Earnings Season Kicks Off. Dan Kemp Oct ...

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Markets Brief: Q3 Earnings Season Kicks Off - Morningstar

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The Q3 Earnings Season Kicks Off Positively - Yahoo Finance

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Oct 11, 2024 · JPMorgan’s Q3 earnings were -1.9% below the year-earlier level on +7% higher revenues. The bank beat EPS and revenue estimates on better-than-expected net interest …

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Markets Brief: AI Leaders Excel In Earnings Season So Far

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Apr 29, 2024 · In a big week for economic data, the picture painted for investors was one of slower economic growth and stickier inflation. US first quarter GDP growth was 1.6%, …

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Markets Brief: Q2 Earnings Season Begins With The Banks

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Jul 8, 2024 · The Morningstar US Market Index rose 1.73%. The best-performing sectors were technology, up 3.23%, and communication services, up 3.08%. ... Markets Brief: Q3 Earnings …

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The Q3 Earnings Season Kicks Off Positively - Nasdaq

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Oct 11, 2024 · Regarding the Q3 earnings season scorecard for the Finance sector, we now have results from 15.6% of the sector’s market capitalization in the S&P 500 index. Total earnings …

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FAQs about Markets Brief: Q3 Earnings Season Kicks Off - Morningstar Coupon?

How did the Morningstar US market index perform?

The Morningstar US Market Index rose 1.18%. The best-performing sectors were technology, up 2.73%, and financial services, up 1.85%. The worst-performing sector was utilities, down 2.27%. The yield on 10-year US Treasury notes rose to 4.08% from 3.98%. West Texas Intermediate crude prices rose 0.95% to $75.64 per barrel. ...

Which companies were the biggest winners in the third quarter?

Plus: Banks, BlackRock, Tesla’s latest launch, and rate cut expectations. Insights into key market performance and economic trends from Dan Kemp, Morningstar’s global chief research and investment officer. Banks were the big winners over the week, rising 4.7%, as JPMorgan Chase JPM and Wells Fargo WFC started the third-quarter earnings season. ...

Which financial services companies topped the third-quarter earnings season?

Banks were the big winners over the week, rising 4.7%, as JPMorgan Chase JPM and Wells Fargo WFC started the third-quarter earnings season. Morningstar analysts believe that on average, financial services companies are now priced above their fair value, so expecting below-average returns is reasonable. ...

How did JPMorgan perform in Q3?

Image Source: Zacks Investment Research JPMorgan’s Q3 earnings were -1.9% below the year-earlier level on +7% higher revenues. The bank beat EPS and revenue estimates on better-than-expected net interest earnings and also provided positive guidance on this front for the current period. ...

Are market reactions to earnings more muted in the third quarter?

Pettit anticipates that market reactions to earnings throughout the third quarter may be "potentially more muted," particularly in the growth sector compared to the value sector. Regarding actual results, he expects them to be "better than what we typically see," though he notes that quarterly beats in the US are "normal" and therefore expected. ...

Is the market discounting the outlook after Q3 earnings release?

They reiterated that view after the Q3 earnings release, but the market appears to be discounting that outlook following the positive Q3 results. In the core banking business, profitability remains constrained by margin pressures, cyclically soft demand for credit, and some deterioration in credit quality, albeit from a shallow level. ...