Citi strategists said the Q1 reporting season can be described as a "beat-and-hold," noting that 2024 consensus growth expectations for the S&P 500 remain largely unchanged, though there are notable signs of sector and single-stock broadening.
“All told, valuations are still telling us strong fundamentals are expected, and need to be delivered on,” they said, adding that their 2024 S&P 500 earnings per share estimate of $245 “should be attainable, if not conservative.” As for growth trends, Citi strategists said they continue to strongly emphasize their market-implied growth, which indicates a more favorable outlook.
France Dernières Nouvelles, France 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.
La source: Investingcom - 🏆 450. / 53 Lire la suite »