Earnings Season Begins -- July 13, 2023

Locator: 45116ECON.

Two days ago, there was a headline story on earnings season, 2Q23. The headline: earnings for 2Q23 were going to be awful.

MSFT: Azure cloud growth drops from 27% to 26%;

GOOG, note after-hours spike when earnings announced:

Big banks, Costco:

• big banks crushing earnings expectations
• BNY Mellon beats;
• Bank of America: profits rise 19%;
• Costco shares pop;
• profit growth for retail giant Costco Wholesale (COST) has risen sharply the last couple of quarters, from 4% three quarters ago to 18% last quarter, link here. 

Big banks, UnitedHeealth Group: all beat. Big banks with big beats. Link here.

JPMorgan, link here.

Delta, link here.

Pepsi, link here.

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Note: this is, hands down, one of the most boring things I to do each quarter. I doubt anyone really looks at it but the day I quit doing this will be the day I miss posting something important. The word "important" is used loosely. Very loosely.

This is so boring that I actually didn't record a thing for 1Q20, but that was two years ago. Maybe things have changed. LOL.

This is linked at the top of the sidebar at the right during earnings season. After earnings -- pretty much after XOM and Apple posts their earnings -- this post will move back into obscurity.

Calendar. 

Whisper numbers.

Disclaimer: this is not an investment site.