In a note published on Friday, July 10 analysts led by David Kostin, said they expect earnings per share to plunge almost two-thirds in the second quarter compared to the same period in 2019.
"If realized, 2Q 2020 EPS growth would be the weakest since 4Q 2009," the analysts said, noting that EPS fell 65% in that quarter. However, the bank maintained its previous EPS forecast for full year 2021 at $170, up 48% from 2020. For the year 2022, the US banking giant says EPS will continue to rise, hitting $188, a gain of 11%.
Impeached HiddenTaxes CongressionalNonCompliance ObstructionOfCongress AbuseOfPower GOPRepublicansgaveTrumpAWalk RussianBounty Russianreceipts Tre45on FailedLeadershipOnCOVID19 NoNationwideCOVID19Testing NoContactTracing RemoveGOPFromOffice Top2BottomFailure
Bullish
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Tesla jumps 12% on S&P 500 inclusion speculation - Now the 10th biggest US stock by market valueTesla jumps 11% on S&P 500 inclusion speculation - Now the 10th biggest US stock by market value Are they moving their coporate headquarters to Dallas? TedCruz DallasTX Dallas CNNSOTU CNN FoxNews tesla carmaker economy StockMarket stockstowatch stocks The chart definitely looks sustainable How much money does tesla make last year?
La source: CNBC - 🏆 12. / 72 Lire la suite »
Wall Street’s Earnings Forecast: Cloudy With a Chance of TurbulenceMore than 180 companies in the S&P 500 have pulled their earnings guidance in the wake of the economic crisis wrought by the coronavirus pandemic. That has led to the widest dispersion in earnings estimates in years. Stock market is about to crash 1929-style.
La source: WSJ - 🏆 98. / 63 Lire la suite »
Stock market news: Stocks ignore record COVID cases, focus on earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Further proof why we are in the mess we are in and the stock and housing market are insanely overvalued. there's no second wave, the surge of cases r the result to a more testing applied than before. The world economic system will not gonna come crashing down right now. Covid_19 COVIDUpdates
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »