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Actionable news in SWIR: Sierra Wireless, Inc.,

Wireless Equipment Stock Earnings on Aug 4: MSI, SWIR & More

With 317 S&P 500 members reporting their quarterly numbers (as of Jul 29), we are past the mid-way of Q2 earnings. Although growth pace in the quarter seems to have improved, expectations for earnings growth is still negative. This indicates toward a fifth straight quarter of negative growth, emphasizing the fact that we are still in ‘Earnings Recession’.

As per the recent Earnings Preview, total S&P 500 earnings are expected to decline by 3.4% due to 0.4% lower revenues. The growth estimates of Q2 might not be the scraping end of the barrel as even Q3 estimates are leaning into the negative territory, adding to the woes. However, we anticipate positive earnings growth in the last quarter of the year which may scale even higher in...


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