Welcome to Extreme Investor Network, where we provide unique insights and analysis on the latest trends in investing. As the earnings season winds down, there are still a few key names that investors should keep an eye on for potential opportunities. In particular, Home Depot and Walmart are set to report their quarterly figures, offering valuable insights into the health of the consumer sector.
According to FactSet, 92% of the S&P 500 companies have already reported their earnings, with nearly 80% of them beating expectations. This is a positive sign for the overall market sentiment. Home Depot is expected to report a decline in earnings compared to the previous year, while Cisco Systems is anticipated to show double-digit earnings and revenue declines. On the other hand, Walmart is expected to continue its momentum with mid-single digit earnings and revenue growth.
Analysts are closely watching these reports for any signs of strength or weakness in these key sectors. For Home Depot, the struggling stock is hoping for a turnaround with better-than-expected numbers. Cisco Systems, on the other hand, is facing challenges in its legacy tech products, while Walmart is banking on its e-commerce sales and gross margin expansion for continued success.
At Extreme Investor Network, we believe in providing our readers with in-depth analysis and actionable insights to help them make informed investment decisions. Stay tuned for our breakdown of these key earnings reports and how they could impact the market. Don’t miss out on the latest updates and expert analysis – join us at Extreme Investor Network today!