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KiplingerMay 23, 2022
Best Buy Kicks Off Heavy Week of Retail Earnings
The heaviest part of earnings season has passed, but there are still plenty of notable names left to report. Among the biggest companies on this week's earnings calendar are electronics retailer Best Buy (BBY, $70.65), chipmaker Nvidia (NVDA, $163.85) and discount goods chain Dollar General (DG, $189.63).

First-quarter earnings season so far has been solid by just about any measure, says Jeff Buchbinder, equity strategist at independent broker-dealer LPL Financial. 

An impressive 78% of S&P 500 companies have beat earnings estimates for the quarter, slightly outpacing the long-term average of 77%, Buchbinder says. And 74% of S&P 500 firms reported higher-than-expected revenue - beating the five-year average of 69%, he adds.

SEE MORE The 22 Best Stocks to Buy for 2022 "In this inflationary environment, the revenue is coming through," the strategist says. "But it is profit margins that were the biggest test for corporate America this quarter, and companies passed that test with flying colors. Not only did margins hold up well quarter-over-quarter - falling less than anticipated - but analysts' estimates for margins going forward still show margin expansion from current levels."

Best Buy Q1 Earnings to Reflect Macro Headwinds, Tough Comps It has been a heavy stretch for retail earnings, and based on


Yahoo BusinessMay 23, 2022
Dow Futures Rise, VMware Surges — and What Else Is Happening in the Stock Market Today


Google Business NewsMay 22, 2022
Dow Jones Futures Rise After 'Hard' Reality Hits Market; What To Do Now - Investor's Business Daily
Dow Jones Futures Rise After 'Hard' Reality Hits Market; What To Do Now  Investor's Business DailyStock Market Today: Dow, S&P Live Updates for May 23  BloombergAsia markets tussle with inflation and rates concerns  Reuters.comStocks to Start Week Steady Amid Growth Concerns: Markets Wrap  BNNStock futures rise after China's central bank unexpectedly cuts rates  Yahoo FinanceView Full Coverage on Google News
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