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Considerations for Q3 Earnings Season
Approaching Q3 earnings season. Key areas I'm focusing on for US equities:
- Guidance: More important than backward-looking numbers.
- Cost Management: How companies are offsetting higher input costs.
- Consumer Demand: Any signs of weakening consumer spending.
Will be looking for specific calls from analysts on the implications for forward P/E ratios.
2 comments · 11 points
Spot on with guidance being the absolute key. Backward-looking numbers are almost priced in by now. I'm also really focused on how companies are addressing labor costs, not just input materials.