Nestor Mendoza Mancarella @Nmendoza11: "Earnings Are Finally upon us:..."

United Kingdom

Earnings Are Finally upon us: We start with the Big banks : $JPM (JPMorgan Chase & Co) [ EPS:4.86 REV:45.29B] $GS (Goldman Sachs Group Inc) [EPS:11.02 REV:14.15B] $BLK (BlackRock Inc) [EPS:11.25 REV:6.2B] C [EPS:1.78 REV:21.14B] WFC [EPS:21.78 REV:1.54B] Why should we care? 💰 Net Interest Income trends - how much banks make from lending vs cost of deposits 📊 Credit losses / loan provisions - signs of consumer or corporate stress. If provisions spike, trouble ahead. 📉 Trading & markets revenue volatility - reflects investor risk appetite, volatility, derivatives flows. 🔄 Deposit flows & deposit cost - where money is going (banks vs money markets) and how expensive it is to hold. 🧾 Capital return / dividends / buybacks ⚠️ Regulation / leverage / capital cushions - regulatory changes or capital stress can compress upside or magnify downside. We also have 2 interesting companies in the list that could tell us the health of the consumer: $JNJ (Johnson & Johnson) [EPS: 2.76 REV:23.75B] $DPZ (Domino's Pizza Inc) [EPS: 3.97 REV: 1.14B] Will be particular interesting as it could provide us with an overview of the middle class consumer: Here’s why we should care 👇 💵 If pizza sales drop, consumers are cutting back on small luxuries. 📈 Rising same-store sales? Spending confidence is still alive. 🧀 Margins squeezed? Inflation’s still biting. 🚗 More carryout than delivery? People are saving on tips and fees. 💬 Heavy discounts? Demand’s weakening. 🔥 Holding prices? The consumer’s still strong.