Bullish Signs in Latest Earnings Season, as Nvidia Results, Tariffs Weigh on Markets
Key Points
- NVIDIA’s latest earnings report hit the market – despite some bullish signs in the S&P 500, according to new analysis.
- As of Thursday, about 77% of the S&P 500 beat Wall Street’s earnings per share estimates, according to FactSet. Consistent with the five-year average.
- Factset said 221 of S&P 500 companies mentioned the term “tariff” in revenue calls.
nvidia’s(NVDA) Latest revenue report to market– Despite some bullish signs S&P 500According to the new analysis figures.
According to Factset, revenue from the S&P 500 was up nearly 18% as of Thursday, the highest since the fourth quarter of 2021. According to data providers, 77% of companies beat Wall Street Earnings per share (EPS) Estimates are consistent with the five-year average.
Financial institutions are the best performing industries in the benchmark, with revenues rising 55% this season, Factset said in an infographic released Thursday.
Tariffs mentioned in the revenue call
Nevertheless, tariffs are a key theme in the market, except that NVIDIA has failed to surpass what has been exceeded. High income Bars are a big company problem. Fartset said the 221 companies reported between December 15 and February 21 mentioned the term “tariff” in their revenue calls at least.
U.S. President Donald Trump said Thursday Tariffs in Mexico and Canada It will take effect on March 4 and will impose more tariffs on China. Economists have Show attention Steep new tariffs can push up the prices of consumer products, causing renewed inflation while weighing economic growth.
Another frustrating conclusion drawn from its research: Factset found that 72 companies issued negative EPS guidance, surpassing the 56-year five-year average.
NVIDIA shares are extending their decline Thursdaybecause the company’s better results than estimates failed to impress the high standards of AI dear investors. Reports from some consumer-centric companies will be released next week, including Costco Wholesale (cost), Best Buy (BBY) and goal (TGT).