Q4 Earnings Season Coming up Roses
Q4 earnings season has seen a turnaround with better-than-expected reports, driving US stocks to new highs. Notable winners include AI-focused companies like Arm Holdings and Palantir Technologies. Consumer-focused companies like Spotify and Disney also performed well. The FactSet blended S&P 500 EPS consensus stands at 2.9%. This week, companies like Alliant Energy and Topgolf Callaway Brands are reporting their earnings. The Q4 earnings wave is expected to continue until March 1, with over 1,000 reports each week.