Deep Dive: 20 S&P 500 companies that had the best Q1 on 3 key measures — should you buy the stocks?

by | May 23, 2023 | Stock Market

First-quarter earnings season is just about over for the S&P 500. Then again, with about 20% of the companies having fiscal quarters that don’t match the calendar, it seems the flow of earnings reports never ends. It might seem from media reports that the economy is always facing some sort of crisis, but you may be surprised that more than half of the S&P 500 companies
increased quarterly sales from a year earlier. There are pockets of opportunity in any market environment.

Below is a screen of companies that showed three areas of improvement in their results for fiscal quarters ended Feb. 15 or later. The three areas are:
Quarterly sales were up from the year-earlier quarter.

Gross profit margins improved. A company’s gross margin is its is net sales, less the cost of goods or services sold, divided by sales. Net sales are sales minus returns and discounts, such as coupons. The cost of goods or services sold includes the actual costs for making the items or providing the services, including labor. It is a useful measure …

Article Attribution | Read More at Article Source

Share This