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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: