The U.S. first-quarter earnings growth estimate has gained in recent days after mostly stronger-than-expected results, but disappointing forecasts from key names such as Meta Platforms
The latest estimate is based on results from 190 of the S&P 500 companies and forecasts for the rest, with about 78% of reports beating analysts’ earnings expectations. Without that one-time item, S&P 500 earnings are expected to have risen 7.4% year-over-year, based on LSEG estimates.
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