Last Update: May 5, 2022 Click here to view the full report. Please note: if you use our earnings data, please source I/B/E/S data from Refinitiv. S&P 500 Aggregate Estimates and Revisions The 22Q1 Y/Y blended earnings growth estimate is 10.2%. If the energy sector is excluded, the growth rate for the index is 4.2%. Of the 413 companies in the S&P 500 that have reported earnings to date for 22Q1 79.9% reported above analyst expectations. This compares to a long-term average of 66%. The 22Q1 Y/Y blended revenue growth estimate is 13.2%. If the energy sector is excluded, the growth

Last Update: Apr. 29, 2022 To download the full This Week in Earnings report click here. Please note: if you use our earnings data, please source I/B/E/S data from Refinitiv Aggregate Estimates and Revisions 22Q1 Y/Y earnings are expected to be 10.1%. Excluding the energy sector, the Y/Y earnings estimate is 4.4%. Of the 275 companies in the S&P 500 that have reported earnings to date for 22Q1, 80.4% have reported earnings above analyst estimates. This compares to a long-term average of 66% and prior four quarter average of 83.1%. During the week of May 2, 160 S&P 500 companies are expected

Patrick Drahi’s financial engineering makes Europe’s other telecom bosses seem idle. A 30 billion euro debt pile admittedly forces the founder and controlling shareholder of Altice to be creative. The tycoon has nonetheless come out top from his latest sale. Altice on Friday said it had agreed to sell just under half of a unit that’s building fast-broadband lines in France to funds managed by insurers Allianz  and AXA and a Canadian pension manager for 1.8 billion euros. The unit will build connections reaching at least 1 million homes each year for the next four years, focusing on less populous regions of France.

Mukesh Ambani is playing a new tune. India’s richest man, through his flagship conglomerate Reliance Industries, is merging two music-streaming services into one worth $1 billion. Reliance is following a well-trodden path of telecom operators dabbling in music, movies and other entertainment to attract subscribers. As his oil-to-retail giant starts to throw off cash, the tycoon could take his content ambitions to another level. Ambani’s upstart telecom operator has attracted 160 million subscribers in barely 18 months. Its super-fast network has more than half the combined data capacity of the top three players, well ahead of incumbents Bharti Airtel and Vodafone

Earlier this week, the UK opened up bidding for the latest chunk of airwaves that will host the next generation of wireless technology – 5G. There has been much anticipation of 5G and how it will revolutionize society by offering a network that will be 10x faster and provide more consistent coverage compared to 4G (where speeds may decline outside major metropolitan areas). By providing a network capable of handling our ever-growing data consumption habits, 5G will look to deliver on the promise of the Internet of Things (IOT) –autonomous driving, wearable technology, virtual reality, smart homes, buildings, factories, and

Can you have vision without clarity? When it comes to SoftBank boss Masayoshi Son, it seems the answer is yes. The Japanese maverick has unveiled the first close of his $100 billion technology fund, rustling up $93 billion in seven months: an unprecedented sum, raised in a very short space of time. If he can deploy that to find more gems like Alibaba, his most successful investment, this may turn into a bonanza for SoftBank investors. But for now he is keeping them in the dark on crucial details. The Vision Fund is a juggernaut backed by Saudi and Emirati