Earnings Update: Aug. 22 Edition

Another week, another update from the famed Calcbench Earnings Tracker — and this week is an important one, as several major retailers enter the picture. 

This week we now have more than 3,600 non-financial firms in our sample group, including important bellwethers such as Walmart ($WMT) and Target ($TGT). Even with their numbers, however, the Q2 earnings cake is now nearly completely baked; the stats in Figure 1, below, are almost unchanged from our prior week’s report.



The only statistically significant changes from last week were in net income (now collectively up 13.9 percent from the year-earlier period, compared to 13.6 percent last week) and in capex (which went from an 18.6 percent increase last week to 16.9 percent this week). But again, most of the fluctuations now are just a few tenths of a percentage point, if that. 


For those who’d like to see the data presented in another way, consider Figure 2, below.



Calcbench tracks these earnings using our Earnings Tracker template, which pulls in financial disclosures as companies file their latest earnings releases with the Securities and Exchange Commission. The Earnings Tracker provides an up-to-the minute snapshot of financial performance compared to the year-earlier period.


If Calcbench subscribers wish to get their hands on the template we use for this analysis, so you can conduct your own experiments at home, use this link to the file. 


Please note that it will only work with an active Calcbench subscription. If you need an active subscription (and who doesn’t, really, when swift access to real-time data is so important?), contact us at us@calcbench.com.

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