All 12 S&P 500 firms beat EPS estimates this week

Earnings
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Summary · why it matters

Corporate earnings this week featured a high-stakes lineup of reports from 12 notable companies across the consumer discretionary, consumer staples, information technology, industrials, and financials sectors. All 12 reporting companies beat consensus earnings estimates, with 11 delivering year-over-year profit expansion. Revenue performance remained strong, as 11 companies topped Wall Street expectations and all 12 achieved year-over-year top-line growth, leaving one firm missing consensus estimates. Among the highlights, Home Depot posted revenue of $47.9 billion and adjusted EPS of $4.92, Lowe's beat on EPS but trimmed its full-year revenue outlook to about $92.0 billion, Walmart shares dropped 9.15% after soft guidance, Target raised its full-year adjusted EPS estimate to $9.90 to $10.90, Analog Devices issued upbeat fiscal Q4 guidance, and TJX raised its full-year EPS guidance to $5.31 to $5.36.

Impact on stocks 26

Consumer Discretionary · 7 stocks
Consumer Staples± Mixed · 6 stocks
Walmart Inc.
WMT
▼ NegativeDemandrelevance

Walmart shares dropped 9.15% after soft guidance, indicating weaker expected demand.

Cloud & Digital Infrastructure · 4 stocks
Artificial Intelligence · 3 stocks
Semiconductors · 2 stocks
Analog Devices Inc
ADI
▲ PositiveDemandrelevance

Analog Devices issued upbeat fiscal Q4 guidance, indicating strong demand.

Biotech & Genomic Medicine · 1 stocks
Cybersecurity & Digital Trust · 1 stocks
Climate Adaptation & Water · 1 stocks
Information Technology · 1 stocks