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ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

May 23, 2026 | Tech Talk for Saturday May 25th 2026

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

U.S. equity markets are closed on Monday for the Memorial Day holiday. Trading activity on Canadian exchanges is expected to be lower than average.

Earnings and Revenue Consensus for S&P 500 Companies
Source: www.factset.com

Analysts increased their 2026 earnings and revenue estimates again last week: 94% of companies have reported first quarter results to date: 84% have reported higher than consensus earnings and 81% have reported higher than consensus revenues.

  • Consensus for first quarter 2026 earnings gain increased to 28.4% from a 27.7% gain
    last week. Revenue gains increased to 11.6% from 11.4%.
  • Consensus for second quarter 2026 earnings gains increased to 21.0% from 20.5% last week. Consensus for revenue gains increased to 11.5% from 11.4%.
  • Consensus for third quarter 2026 earnings gains increased to 24.2% from 23.6%.last week. Consensus for revenue gains increased to 10.2% from 10.1%.
  • Consensus for fourth quarter 2026 earnings gains increased to 21.7% from 21.1%. Revenue gains increased to 10.4% from 10.3%.
  • For all of 2026, consensus for earnings gains increased to 22.1% from 21.5%. Consensus
    for revenue gains increased to 10.4% from 10.3%

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May 23rd, 2026

Posted In: Tech Talk

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