Published on 10 May 2022 on Zacks via Yahoo Finance
Q1 Earnings Scorecard and Analyst Reports for AbbVie, QUALCOMM & Linde
Tuesday, May 10, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features update on the 2022 Q1 earnings season and new research reports on 16 major stocks, including AbbVie Inc. (ABBV), QUALCOMM Incorporated (QCOM), and Linde plc (LIN). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Q1 Earnings Season Scorecard
We now have Q1 results from 450 S&P 500 members or 90% of the index's total membership. Total earnings for these companies are up +9.2% on +14.5% higher revenues, with 79.1% beating EPS estimates and 75.3% beating revenue estimates.
Excluding the drag from the Finance sector, whose Q1 earnings are down -15.6% from the same peirod last year, earnings for the remainder of the index would be up +18% (vs. +9.2% with Finance).