It’s the most wonderful time of the year – earnings season!
In this week’s State of the Market, Chief Income Strategist Marc Lichtenfeld discusses one of the most powerful catalysts in all of investing…
The term refers to when a company posts higher-than-expected quarterly or annual earnings and beats Wall Street’s estimations.
Earnings beats can send a stock’s price soaring. Just look at the chart below that shows what happened when Omnicom Group (NYSE: OMC) beat earnings in February 2022.
Omnicom spiked 14% in a single day.
For many investors, earnings beats like this make ALL the difference.
But it’s not always easy…
That’s why Marc has dedicated this episode to teaching you…
- How Wall Street estimates are made
- Which companies are likely to beat earnings.
If chances at a year’s worth of stock market returns in one day catch your attention, then this is one episode of State of the Market you don’t want to miss.