DoucefleurIn one of the last heavy weeks for the Q1 2023 earnings season, retailers gave investors a better read on the state of the US consumer. The Late Earnings Report Index (LERI) tracks outlier earnings date changes among publicly traded companies with market capitalizations of $250M and higher. Last Trickle of Meaningful Q1 2023 EarningsThis more or less concludes the first quarter earnings season with 89% of companies in our universe of ~10k having reported. Wall Street HorizonThe Q2 earnings season will begin on Friday, July 14 with reports from JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC). Negative means the earnings date is confirmed to be later than historical average while Positive is earlier.

Source: Wall Street Journal May 23, 2023 06:01 UTC