Chart o’ the Day: S&P 500 Companies Blame the Weather

Earnings season is in the books, and boy did we hear an awful lot about the weather this quarter.

This is actually pretty hilarious, via FactSet:

Searching through all earnings conference call transcripts for S&P 500 companies between January 1, 2014 and March 12, 2014, the term “weather” was mentioned at least once in 195 conference calls. This number reflects an increase of 81% over the year ago period (January 1, 2013 through March 12, 2013), when the term was mentioned in 108 conference calls. At the sector level, the Energy, Consumer Discretionary, and Industrials sectors not only had the highest number of conference calls in which the term was used, but also the highest year-over-year growth in absolute numbers.

SP500_weather_mentions -Mar 14 14

Not that the weather didn’t totally suck this winter…


How many S&P 500 companies have commented on the weather? (FactSet)


This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. gelinkthier commented on Feb 03

    … [Trackback]

    […] Info to that Topic: […]