Q4 Earnings Scorecard and Analyst Reports for Home Depot, BHP & McDonald’s

Tuesday, January 19, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the ongoing Q4 earnings season and new research reports on 16 major stocks, including Home Depot (HD), BHP Group (BHP) and McDonald’s (MCD). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Q4 Earnings Season Scorecard

We are off to a very good start in the Q4 earnings season, with an above average proportion of companies beating consensus estimates and the outlook for the coming periods steadily improving. Total earnings or aggregate net income for the 33 S&P 500 companies that have reported Q4 results already are up +8.5{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the same period last year on +1.3{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} higher revenues, with a very high 97{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating EPS estimates and 75.8{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating revenue estimates.

This is a notably better performance relative to what we saw from the same group of 33 index members in the first three quarters of 2020.

For the Finance sector, which has been dominating the early reporting cycle, total Q4

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