News Formal

Earnings Season Scorecard: These 5 Corporate Indicators Scream No Recession

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

S&P 500 Notícia

Brasil Últimas Notícias,Brasil Manchetes

Stocks Analysis by Ed Yardeni covering: S&P 500. Read Ed Yardeni's latest article on Investing.com

There’s no sign of an imminent recession in the latest earnings reporting season. With more than 90% of theS&P 500 operating earnings per share rose 10.9% y/y during the quarter to a record high of $60.19.Just before the start of the Q2 earnings reporting season, during the week of June 28, the analysts’ consensus forecast had implied an 9.1% increase in Q2 EPS.

That’s our job as economists and strategists. We correctly pushed back against the consensus recession forecast in 2022 and 2023. We are doing so again this year. We might even do so over the next two years.Meanwhile, if the no-show recession continues not to show up, S&P 500 forward EPS should continue to be a bullish leading indicator for actual EPS as well as for the economy. Forward earnings rose to yet another record-high $265.67 during the August 8 week.

The S&P 500 profit margin rose to 12.3% during Q2. That’s still below its record high of 13.7% during Q2-2021.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 450. in BR

Brasil Últimas Notícias, Brasil Manchetes

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

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market StrategyDiscover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.
Fonte: DailyFX - 🏆 305. / 63 Consulte Mais informação »

Earnings playbook: Your guide to a busy week of earnings, including Alphabet and TeslaWall Street will get its first glimpse of Big Tech earnings this week.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Wedbush: Tech earnings season has bolstered AI revolution thesisWedbush: Tech earnings season has bolstered AI revolution thesis
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

10 learnings from this earnings season10 learnings from this earnings season
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Investors are punishing stocks that miss earnings more than normal this seasonThe market is rewarding positive earnings surprises less than average and punishing negative surprises more than usual, according to FactSet.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »