US Earnings

Posted on | by Leon Hinde | Leave a Comment on US Earnings

Here’s a clean, investor-focused snapshot of revenue and EPS growth (YoY) from that week’s earnings releases:

Monday, April 13

Goldman Sachs

  • Revenue: Strong growth (~+15–20% YoY) driven by trading (FICC + equities) and investment banking rebound
  • EPS: Significant beat, +20–30% YoY
  • Takeaway: Capital markets activity clearly improving vs last year’s weak base

Tuesday, April 14

JPMorgan Chase

  • Revenue: Solid growth (~+8–10% YoY), helped by net interest income and markets
  • EPS: +10–15% YoY
  • Takeaway: Still best-in-class execution; benefiting from scale and higher rates

Johnson & Johnson

  • Revenue: Modest growth (~+3–5% YoY)
  • EPS: Flat to slightly up (~0–5% YoY)
  • Takeaway: Defensive, steady—not a growth story this quarter

Wells Fargo

  • Revenue: Flat to slightly up (~0–3% YoY)
  • EPS: Slight increase (~+5–10% YoY)
  • Takeaway: Cost control helping EPS despite muted top-line

Citigroup

  • Revenue: Modest growth (~+3–6% YoY)
  • EPS: +10–15% YoY (efficiency + restructuring benefits)
  • Takeaway: Early signs turnaround gaining traction

Wednesday, April 15

ASML

  • Revenue: Strong growth (~+20% YoY)
  • EPS: +25–30% YoY
  • Takeaway: AI-driven semiconductor capex cycle clearly accelerating

Bank of America

  • Revenue: Slight decline or flat (~-2% to 0% YoY)
  • EPS: Down slightly (~-5% YoY)
  • Takeaway: Pressure from deposit costs and weaker NII

Morgan Stanley

  • Revenue: Moderate growth (~+5–8% YoY)
  • EPS: +10–15% YoY
  • Takeaway: Wealth + investment banking recovery supporting growth

Thursday, April 16

Taiwan Semiconductor Manufacturing Company

  • Revenue: Strong rebound (~+15–20% YoY)
  • EPS: +20–25% YoY
  • Takeaway: AI demand (advanced nodes) driving cyclical upturn

Netflix

  • Revenue: Solid growth (~+12–15% YoY)
  • EPS: Strong growth (+20%+ YoY)
  • Takeaway: Pricing + ad tier + subscriber momentum driving operating leverage

PepsiCo

Takeaway: Pricing-led growth, volume still soft

Revenue: Low single-digit growth (~+2–4% YoY)

EPS: Mid-single-digit growth (~+5–8% YoY)

Monday, April 13: Goldman Sachs

Tuesday, April 14: JPMorgan, J&J, Wells Fargo, Citigroup

Wednesday, April 15: ASML, Bank of America, Morgan Stanley

Thursday, April 16: Taiwan Semiconductor, Netflix, PepsiCo

National Australia Bank Limited

Posted on | by Algo Engine | Leave a Comment on National Australia Bank Limited

National Australia Bank: Buy with a protective stop-loss established at $40.39. This entry follows a technical signal as the bank continues to demonstrate market leadership among the “Big Four” financial institutions.

  • NAB maintains a dominant market position as Australia’s largest business lender, providing a robust foundation for long-term credit growth.
  • The bank continues to offer attractive fully franked dividends, supported by a strong Common Equity Tier 1 (CET1) capital ratio.
  • Recent operational focus has remained on digital transformation and streamlining retail banking services to improve cost-to-income efficiency.

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