Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Markets Berita

Stock Markets,Investment Strategy,Business News

What could be the catalyst for a decline in earnings? If the consumer starts really getting hit.

Despite the concern of higher for longer interest rates, first-quarter earnings are running 5.6% above the same period a year ago. About 78% of companies reporting first-quarter earnings are beating estimates, and they are beating those estimates by an unusually wide margin: 9.5%, well above the long-term average of 4.2% and average of 7% for the prior four quarters.

27 and only recovered when rates came down in early November. Higher oil prices helping earnings The first quarter is over, so what matters now is the perception on earnings for the rest of the year. One reason second-quarter estimates for the S & P 500 have been rising is oil profits are expected to be higher, which have benefited from a spike in oil prices.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama