Earnings season off to strong start despite 'uncertain macro' environment ahead

📆 16-10-23 22:34:00
📰 YahooFinanceCA

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

It's early innings in Q3 earnings season, but results from 32 companies in the S&P 500 indicate the earnings recession may be over.

After 32 S&P 500 companies have reported earnings, companies in the index are beating Wall Street's expectations by an average of 9% on earnings per share, according to Bank of America Research's equity strategy team.

The same could be said for the S&P 500, which is up nearly 1% since Pepsi reported strong results on Oct. 10. Charlie Munger is a fraction as wealthy as Warren Buffett. He'd be worth over $10 billion if he kept all of his Berkshire Hathaway stock.

Écrire un Commentaire

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.

Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings(Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Big Tech's Profit Machine Is Propping Up S&P 500 EarningsWith the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a…
La source: fpinvesting - 🏆 43. / 63 Lire la suite »