{"id":189616,"date":"2023-05-01T12:00:00","date_gmt":"2023-05-01T16:00:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=189616"},"modified":"2023-05-01T12:17:53","modified_gmt":"2023-05-01T16:17:53","slug":"the-little-secret-about-earnings","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/","title":{"rendered":"The Little Secret About Earnings"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>TLDR:<\/strong> <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At first, they seemed like a blowout: Amazon results last Thursday floored the market. Shares rocketed higher. When the earnings call revealed its cloud business was growing at its lowest levels ever, shares immediately dropped 4%. Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tech companies were literally minting money during the pandemic as COVID drove dramatic behavior changes. They over-hired and over-spent as a result. Eventually, they had to confront bloated payrolls and other cost excesses as earnings growth came down faster than Icarus. They are still down a combined $372 billion in market valuation from a year ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When you look at the data, however, you find that a slowdown in earnings growth is not a bad thing. Not a bad thing at all \u2026 up to a point. As the chart below shows, when it comes to market performance, the \u201csweet spot\u201d in earnings growth is actually somewhere between negative and positive growth.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"576\" height=\"405\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\" alt=\"Decline EPS doesn't have to be a bad thing\" class=\"wp-image-189618 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp 576w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf-300x211.webp 300w\" data-sizes=\"(max-width: 576px) 100vw, 576px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 576px; aspect-ratio: 576\/405;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Surprising, right?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The source of this otherwise surprising inverse relationship between the market and earnings growth rates is the stock market\u2019s focus on several quarters into the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By the time earnings growth rates are extremely high\u2014as they were until early in 2022 &#8211; \u2014they have long since been reflected in stock prices. During such periods, the market has instead shifted its focus to earnings several quarters hence\u2014to factors such as the Federal Reserve having to put the brakes on an overheating economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note below the insight Toggle\u2019s Investing Copilot generated back in March for Amazon: analyst forecasts had become too pessimistic, suggesting that there was substantial upside if earnings didn\u2019t turn out to be quite so bad. The rest is history.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"597\" height=\"395\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_54_AM_bfd1fbb95c.webp\" alt=\" Toggle\u2019s Investing Copilot generated back in March for Amazon: \" class=\"wp-image-189619 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_54_AM_bfd1fbb95c.webp 597w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_54_AM_bfd1fbb95c-300x198.webp 300w\" data-sizes=\"(max-width: 597px) 100vw, 597px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 597px; aspect-ratio: 597\/395;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The point is \u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The slowdown in earnings growth we are seeing has long been anticipated. Seeing it first hand is actually cathartic for the market &#8211; and may well be how the market low is ultimately put in.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-stocks-are-doing-well-today\">What stocks are doing well today?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><em>This section is powered by Open AI connected to TOGGLE AI<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thanks for all your feedback! This section is still paused but an enhanced version is on the way (we promise)! <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-aggregated-leading-indicators\">Aggregated Leading Indicators!<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/spx_aggregated_RESTRICTED_3_2310bb70f5-1100x733.webp\" alt=\"Aggregated Leading Indicators!\" class=\"wp-image-189620 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/733;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Market Phase Shift<\/strong> is now one pixel away from piercing one of its barriers. And <strong>Peak<\/strong> moved towards the bearish threshold after last week\u2019s squeeze.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learn more about the Leading Indicators in the <a href=\"https:\/\/toggle.ai\/investing\">Learn Center<\/a>!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Upcoming Earnings: COVID who?<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/2023q1_miss_e8fda70489-1100x623.webp\" alt=\"Upcoming Earnings: COVID who?\" class=\"wp-image-189622 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/623;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/toggle.ai\/earnings\/nyse-pfe-2023-q1?earnings=miss\">Click here to test how PFE stock could perform after missing earnings expectations<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Discover how other companies could react post earnings with the help of TOGGLE&#8217;s WhatIF Earnings tool.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Asset Spotlight: All Eyes on AAPL<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">TOGGLE analyzed 4 similar occasions in the past where prices for Apple are close to a recent high and historically this led to a median decrease in the stock over the following 1M. <a href=\"https:\/\/toggle.ai\/article\/f16966fa-e7d7-11ed-92c9-6a0f6f17ed5d\">Read full insight!<\/a>!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Apple_history_1_a3095176ea-1100x565.webp\" alt=\"Asset Spotlight: All Eyes on AAPL\" class=\"wp-image-189623 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/565;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><br>General Interest: An interesting speech on success and failure<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The topic of failure is a major inspiration for Commencement speeches &#8211; think of Denzel Washington\u2019s famous \u2018<a href=\"https:\/\/www.youtube.com\/watch?v=JEFbfwg9dek\">fall forward<\/a>\u2019 one.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week browsing the WSJ we were led to an interesting take by Milwaukee Bucks\u2019 Giannis Antetokounmpo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A reporter asked him if he considered the game a failure (the Bucks obviously lost) and Antetokounmpo provided an interesting and articulate take on what it takes to build towards a goal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Check it out on Twitter <a href=\"https:\/\/twitter.com\/NBAonTNT\/status\/1651460734071750656\">here<\/a> and read the WSJ piece <a href=\"https:\/\/www.wsj.com\/articles\/giannis-antetokounmpo-failure-speech-bucks-nba-a37beed1?mod=e2li\">here<\/a> ($).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally Posted May 1, 2023 &#8211; <a href=\"https:\/\/toggle.ai\/daily-market-brief\/daily-brief-secret-about-earnings\">The little secret about earnings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?<\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6,8,9,22,26,3],"tags":[267,4919],"contributors-categories":[13768],"class_list":["post-189616","post","type-post","status-publish","format-standard","category-north-america","category-region","category-securities","category-stocks","category-text-articles","category-traders-insight","tag-earnings","tag-tech-stocks","contributors-categories-toggle-ai"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Little Secret About Earnings | Traders&#039; Insight<\/title>\n<meta name=\"description\" content=\"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/189616\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Little Secret About Earnings | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-01T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-01T16:17:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"The Little Secret About Earnings\",\n\t            \"datePublished\": \"2023-05-01T16:00:00+00:00\",\n\t            \"dateModified\": \"2023-05-01T16:17:53+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/\"\n\t            },\n\t            \"wordCount\": 586,\n\t            \"commentCount\": 2,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\",\n\t            \"keywords\": [\n\t                \"earnings\",\n\t                \"tech stocks\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/\",\n\t            \"name\": \"The Little Secret About Earnings | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\",\n\t            \"datePublished\": \"2023-05-01T16:00:00+00:00\",\n\t            \"dateModified\": \"2023-05-01T16:17:53+00:00\",\n\t            \"description\": \"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/the-little-secret-about-earnings\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/05\\\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Little Secret About Earnings | Traders' Insight","description":"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/189616\/","og_locale":"en_US","og_type":"article","og_title":"The Little Secret About Earnings | IBKR Campus US","og_description":"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/","og_site_name":"IBKR Campus US","article_published_time":"2023-05-01T16:00:00+00:00","article_modified_time":"2023-05-01T16:17:53+00:00","og_image":[{"url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp","type":"","width":"","height":""}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"The Little Secret About Earnings","datePublished":"2023-05-01T16:00:00+00:00","dateModified":"2023-05-01T16:17:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/"},"wordCount":586,"commentCount":2,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp","keywords":["earnings","tech stocks"],"articleSection":["North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/","name":"The Little Secret About Earnings | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp","datePublished":"2023-05-01T16:00:00+00:00","dateModified":"2023-05-01T16:17:53+00:00","description":"Tech companies are seeing growth slow from post-COVID hard-to-believe levels. But is earnings growth slowdown actually bad for stocks?","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/the-little-secret-about-earnings\/#primaryimage","url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp","contentUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/05\/Screenshot_2023_05_01_at_8_37_43_AM_0d1989dddf.webp"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/189616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=189616"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/189616\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=189616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=189616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=189616"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=189616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}