Q4 Earnings Season Highlights: Amazon and Alphabet
Revenue from the S&P 500 in Q22 is expected to be 447.1 billion dollars (down 2.2% from the same period last year, down 3.6% from the previous quarter), and revenue is expected to be 3 trillion69.7 billion dollars (up 4.1% from the same period, down 0.7% from the previous quarter) based on IBES data. Facing a tough macro environment, there is a possibility that this year's financial season will end unexpectedly, but that hurdle may be low. In other words, there is a possibility that it will be easier for S&P 500 star companies to exceed lowered expectations if the year progresses.
Leading companies such as Apple, Alphabet, and Amazon have just announced their latest financial results. In the case of Apple, quarterly earnings were 117.2 billion dollars, down 5% from the same period last year, and quarterly diluted EPS was 1.88 dollars. Alphabet recorded growth of just 1% in the fourth quarter of 2022. Amazon surpassed fourth-quarter earnings, but provided light guidance.
It is very important to look at the financial results of major companies, which may affect the confidence of many investors and the overall performance of the market. Furthermore, future earnings reports may provide valuable information and create trading opportunities!
*Source: S&P Global as of 2023/1/20, S&P Global
What are your thoughts on the fourth quarter results? eg
1) Which company are you most satisfied with their Q4 results?
2) Is this an opportunity to hold shares of leading tech companies or other stocks?
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