Business leaders strike cautious earnings note even as S&P 500 hits record levels

Markets Business leaders strike cautious earnings note even as S&P 500 hits record levels Chief executives up and down corporate America are fighting to ensure they keep expectations in check even as rising quarterly profit reports help drive the S&P 500 higher

The S&P 500 may have hit record levels last week but business leaders sounded a more optimistic tone in their view of the coming months as earning outlooks undershot analysts’ expectations. An analysis by Bank of America found that just four in ten firms on the index to have issued earnings guidance offered outlooks that exceeded analysts’ expectations.

If that continues, it would represent the smallest share of firms meeting expectations since early 2020, when ...

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Barretstown chief Dee Ahearn: ‘It needed to be run like a business and it wasn’t run like a business’Dee Ahearn has focused on making the charity’s income sustainable and its governance irreproachable so that its campers can rely on it. The camp for children living with serious illness and their families has seen a significant increase in the number of people it caters to annually.
Fonte: IrishTimesBiz - 🏆 6. / 77 Consulte Mais informação »