Earnings Updates | Q3 2023
The corporate reporting period for Q3 2023 is coming to the end. Over the past week, 9 companies from the S&P 500 index have already reported for the third financial quarter.
The corporate reporting period for Q3 2023 is coming to the end. Over the past week, 9 companies from the S&P 500 index have already reported for the third financial quarter.
Weekly review of the S&P 500 Index as of Nov 24, 2023. Over the past 3 months, the S&P 500 Index has grown by +2.7%. However, Communication Services (+7.0%) та Information Technology (+7.0%) sectors performed better.
As we noted in the last week's issue, over the past three months, one of the top growth industries in the S&P 500 has been Entertainment (+11.5%). The largest companies in the industry (by market capitalisation): Netflix ($202.1B), the world's leading streaming service, and Disney ($168.3B), the world's largest media conglomerate.
Today, we're going to talk about Intel, whose shares are among the top five growth leaders over the past 3 months. Over the past 3 months, Intel shares have risen by +33.7%. At the same time, the tech sector, to which the company is a part, grew by +10.1%, and the S&P 500 index by +3.2%.
The corporate reporting period for Q3 2023 goes on. Over the past week, 11 companies from the S&P 500 Index have reported their third quarter results. Over the past week, 11 companies from the S&P 500 index have already reported for the third financial quarter.
Weekly review of the S&P 500 Index as of Nov 17, 2023. Over the past 3 months, the S&P 500 Index has grown by +3.2%. However, Information Technology (+10.1%) та Communication Services (+8.8%) sectors performed better.
As we noted in the weekly issue, over the past three months, one of the top growth leaders among the industries in the S&P 500 index has been the commercial services & supplies industry (+7.1%).
Today, we're going to talk about TransDigm Group, whose shares are among the top five growth leaders over the past 3 months. TransDigm Group published its latest report for 4th quarter 2023 on 9 November. Manufacturing costs make up 42% of the revenue structure, and gross revenues make up 58%. In the last quarter, the company made a profit of $414 million. Market capitalization is now $53 billion.
The corporate reporting period for Q3 2023 goes on. Over the past week, 37 companies from the S&P 500 Index have reported their third quarter results. Over the past week, 37 companies from the S&P 500 index have already reported for the third financial quarter.
Weekly review of the S&P 500 Index as of Nov 10, 2023. Over the past 3 months, the S&P 500 Index has fallen by -1.1%. However, Information Technology (+7.3%) та Communication Services (+3.5%) sectors performed better.