Wealthion · Friday, August 28, 2026
First quarter earnings significantly exceeded consensus estimates, with reported earnings at plus 25% compared to a projected 13-14%. This strong performance, supported by initial insights from bank earnings calls, suggests a positive outlook for corporate profitability.
“Q1 earnings, the consensus estimate going into the year was about plus 13, 14% on a reported basis. Earnings were plus 25%. So they were 100% better than consensus.”
“Q2. Probably going to be somewhat similar. I don't know if the order of magnitude will be that high, but after this morning, and listening to the banks talk, uh, to a very good start.”