Q1 earnings season started in the second week of April and will end next week. Almost 99% of the S&P 500 companies reported their results by June 3. Of these, 77% have reported a positive EPS surprise and 73% of the companies have reported a positive revenue surprise. About 70 S&P 500 companies have issued a negative EPS guidance and 31 have issued a positive EPS guidance for Q2 2022, according to the data from Factset. Let’s take a look at the ten largest companies reporting earnings next week.
We have ranked the ten largest companies reporting earnings next week on the basis of their market cap (as of June 10, 2022). Let’s take a look at the ten largest companies reporting earnings next week:
Founded in 2011 and headquartered in Garden City, N.Y., it is a clinical-stage medical device and biopharmaceutical company that has developed a nitric oxide generator and delivery system. Beyond Air Inc (NASDAQ:XAIR) stock has lost over 42% year to date and over 1% in the last year. The company posted revenue of more than $800K in 2021 and over $1.30 million in 2020. Beyond Air is scheduled to report its quarterly earnings on June 16.
Founded in 2014 and headquartered in McLean, Va., this company offers cyber security services through its collective defense platform. IronNet Inc (NYSE:IRNT) stock has lost almost 41% year to date and almost 75% in the last year. IronNet is scheduled to report its quarterly earnings on June 14.
Founded in 2010 and headquartered in San Francisco, it is an earth imaging company with an aim to image the entirety of the Earth daily so as to monitor changes. Planet Labs PBC (NYSE:PL) stock has lost over 15% year to date and almost 48% in the last year. Planet Labs PBC is scheduled to report its quarterly earnings on June 14.
Founded in 2009 and headquartered in New York City, this company offers enterprise cloud software products. Sprinklr Inc (NYSE:CXM) stock has lost over 2% year to date and almost 31% in the last year. The company posted revenue of more than $490 million in 2021 and over $380 million in 2020. Sprinklr is scheduled to report its quarterly earnings on June 14.
Founded in 1915 and headquartered in Irving, Texas, this company makes, recycles, and markets steel and metal products. Commercial Metals Company (NYSE:CMC) stock has gained over 6% year to date and over 16% in the last year. The company posted revenue of more than $6 billion in 2021 and over $5 billion in 2020. Commercial Metals is scheduled to report its quarterly earnings on June 16.
Founded in 2021 and headquartered in St. Louis, Mo., this company deals in water, wastewater, storm drainage and fire protection products and services. Core & Main Inc (NYSE:CNM) stock has gained almost 8% year to date but has lost almost 26% in the last year. The company posted revenue of more than $4.5 billion in 2021 and over $3.5 billion in 2020. Core & Main is scheduled to report its quarterly earnings on June 14.
Founded in 1966 and headquartered in St. Petersburg, Fla., this company provides electronics design, production, product management, and repair services to companies in several industries. Jabil Inc (NYSE:JBL) stock has lost over 15% year to date but is up by almost 3% in the last year. The company posted revenue of more than $29 billion in 2021 and over $27 billion in 2020. Jabil is scheduled to report its quarterly earnings on June 16.
Founded in 1883 and headquartered in Cincinnati, this company operates supermarkets and multi-department stores, and offers its products under many brands, including Big K, Check This Out?, Heritage Farm, and more. Kroger Co (NYSE:KR) stock has gained over 12% year to date and almost 32% in the last year. The company posted revenue of more than $137 billion in 2021 and over $132 billion in 2020. Kroger is scheduled to report its quarterly earnings on June 16.
Founded in 1977 and headquartered in Austin, Texas, this company offers solutions (products and services) to address all aspects of corporate information technology environments. Oracle Corporation (NYSE:ORCL) stock lost over 22% year to date and over 18% in the last year. The company posted revenue of more than $40 billion in 2021 and over $39 billion in 2020. Oracle is scheduled to report its quarterly earnings on June 13.
Founded in 1982 and headquartered in San Jose, Calif., this company provides digital marketing and media solutions. Adobe Inc (NASDAQ:ADBE) stock lost over 30% year to date and over 26% in the last year. The company posted revenue of more than $15 billion in 2021 and over $12 billion in 2020. Adobe is scheduled to report its quarterly earnings on June 16.
Stagflation is an ugly mix of low economic growth punctuated by high unemployment. And at the root of it all is inflation. For a long time, many economists believed that stagflation was not possible. However, the 1970s changed that thinking. Not only were U.S. consumers facing high inflation, they were also dealing with high unemployment.
And according to some analysts, history may be getting ready to repeat itself. While economists seem to be split on the probability of a recession, there is growing concern that the United States is entering a period of stagflation. In an effort to combat inflation, the Federal Reserve is pledging to aggressively increase interest rates. There’s already evidence of slowing economic growth and waning demand. The next shoe to drop may come in the employment numbers.
This means that investors need to turn their attention to stocks that have the attributes to combat stagflation. This includes companies that have the potential to deliver strong free cash flow. One reason for this is that a healthy cash flow can be applied to reward shareholders with a dividend. And that can boost the total return. Here are seven stocks that can help investors do just that.
Kate chats with financial advisor and asset manager Marc Scudillo, who discusses some psychological aspects of investing in the current market, as well as the benefits of specific asset classes and investing styles.
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source: MarketBeat
