Detail analýzy
| 29.05.2024 / Erste Group Research |
NVIDIA as the driving force behind overall US earnings growth In the US, the 1Q reporting season is 96% complete. The AI chip sector remains very important for the growth figures. With its very good 1Q results, NVIDIA is by far the largest contributor to the earnings growth of the entire S&P 500. If this company were excluded, the earnings growth rate for the index would fall from +6.0% Y/Y to +3.3% Y/Y. In the technology sector, the difference in growth would be even greater. Excluding NVIDIA, the earnings growth rate for the technology sector would fall from +25.4% to +11.1%. In Europe, just over half of the companies in the Stoxx 600 published their quarterly results. 60% of the companies reported earnings that exceeded consensus estimates. The proportion of positive earnings surprises was therefore well above the long-term average of 54%. The expected earnings decline for the 1Q is currently -2.3% Y/Y. This is a significant improvement compared to April, when the forecast earnings decline was still -12% y/y. NVIDIA: 1Q sales of USD 26.0 bn (+18% Q/Q) well above guidance, good outlook for 2Q24 ABB: Moderate organic sales growth in 1Q 2024, very good long-term prospects for profitable growth. No rating changes. |
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Základní informace
| Autor | Erste Group Research |
| Datum | 29.05.2024 |
| Jazyk |  |
| Název produktu | Recommendation List |
| Hlavní téma | Akcie |
| Zaostřeno na ekonomiku | Německo, Spojené Státy |
| Zaměřeno na měnu | Americký dolar, Euro |
| Zaměřeno na sektor | Automobilový průmysl, Banky, Cestování a volný čas, Chemický průmysl, Finanční služby, Jídlo a nápoje, Maloobchodní prodej, Média, Pojišťovnictví, Průmyslové zboží a služby, Ropa & plyn, Síťová odvětví, Stavebnictví a materiály, Technologie, Telekomunikace, Základní materiály, Zboží osobní spotřeby, Zdravotnictví |
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Související investiční nástroje
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| - | US90353T1007 | 0 |
| - | CA4530384086 | 0 |
| ABB | CH0012221716 | 0 |
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| AbbVie | US00287Y1091 | 0 |
| Adidas | DE000A1EWWW0 | 3 |
| Adobe | US00724F1012 | 0 |
| Advanced Micro Devices | US0079031078 | 0 |
| Alibaba | US01609W1027 | 0 |
| Allianz | DE0008404005 | 0 |
| Alphabet | US02079K3059 | 0 |
| Amazon.Com | US0231351067 | 0 |
| Amgen | US0311621009 | 0 |
| Anheuser Busch Inbev | BE0974293251 | 0 |
| Apple | US0378331005 | 0 |
| ASML | NL0010273215 | 0 |
| AT&T | US00206R1023 | 0 |
| Banco Santander | ES0113900J37 | 0 |
| Bank of America | US0605051046 | 0 |
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| Beiersdorf | DE0005200000 | 0 |
| BHP Group | GB00BH0P3Z91 | 0 |
| BMW | DE0005190003 | 5 |
| BNP Paribas | FR0000131104 | 0 |
| Booking Holdings | US09857L1089 | 0 |