Q3’22 Earnings Season Kicks Off: Expect Volatility!
Earnings season has officially kicked off, and it looks set to be an exciting period for traders! With stocks already volatile this year, earnings season could ramp it up another notch and potentially provide some ideal trading opportunities.
The biggest question amongst investors entering earnings season is what impact aggressive rate hikes from major central banks have had on companies’ profits in Q3. In the first half of 2022, many companies reported robust and resilient earnings, but will the increasingly difficult market environment put an end to that?
Markets aren’t expecting particularly solid earnings in Q3’22, with the consensus growth for the S&P 500 index expected to be 2.4%, down from the initial 7.2% at the start of the period. If companies fail to match or beat earnings estimates, stocks will likely fall even further. But if companies can beat the already low expectations, we could see stocks push higher.
Trade Q3’22 Earnings with easyMarkets
Regardless of whether companies’ earnings reports are better or worse than expected, we’re likely to see some big share price movements in either direction. With easyMarkets, you can trade the upwards and downwards price movements of 60+ shares by going long (buy) or going short (sell) with CFDs – so you can benefit in both a rising and falling market!
When you trade with easyMarkets, you also benefit from the following:
Negative balance protection, free and guaranteed stop loss and take profit on web, app or TradingView.
No slippage on web, app or TradingView*
Tight fixed or variable spreads - choose the best for your strategy
No commission or hidden fees
To stay on top of which companies are reporting and when visit our earnings calendar below.
*Only on limit orders.