News Formal

U.S. companies are beating profit estimates at record rate

  • 📰 Reuters
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

While it's still early in the earnings period, a record percentage of first-quarter profit reports from major U.S. companies are coming in above analysts' expectations.

Stock Exchange is seen over an entrance to the New York Stock Exchange on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid

While it’s still early in the earnings period, a record percentage of first-quarter profit reports from major U.S. companies are coming in above analysts’ expectations. Earnings are rebounding from last year's pandemic-fueled lows, but many companies were holding off on giving guidance, making it harder for analysts to estimate results for this year. Some strategists say stronger-than-expected earnings could help underpin the market even as valuations are considered expensive.

With results in from 110 of the S&P 500 companies as of Thursday, 85.5% have beaten analysts' estimates for earnings per share, according to Refinitiv's data. If that trend continues through the reporting season, it would be the highest beat rate on record going back to 1994.Stronger-than-expected results from major banks and other companies have driven up the forecast for the quarter. Earnings are now expected to have risen 33.

is up less than 1% since mid-April when the earnings period kicked into high gear. Wall Street fell Thursday as sources said U.S. President Joe Biden will propose raising taxes on the wealthy next week to fund about $1 trillion in investments.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

FBI should be closed down immediately for dereliction of duty & alleged corruption See amazing VALIDATED documentary at f r a n k s p e e c h . C o m (Sorry domain is spread out if not twitter algorithm deletes it . You know “no” freedom Of speech & suppression etc )

aliwanas_

Sounds like analysts are doing a poor job of estimating.

Good....plenty of money to pay their fair share in taxes. 👍🏼

Oh thank goodness....I was so worried the rich wouldn’t get richer!

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Companies’ bottom lines are getting a boost from the reopening, but stocks don’t seem to careCompanies are beating estimates and boosting guidance, suggesting that the economy is truly reopening. Love CNBC! These are the banks/payment gateways/currency exch/other financial service providers who are already using XRP. XLM even more. xrpripple ripple $xrp XRPCommunity SEC cryptocurrency Crypto btc Bitcoin Ethereum trx xmr Zilliqa xlm Stellar HATE CNBC
ソース: CNBC - 🏆 12. / 72 続きを読む »

Record Share of Companies Are Beating Earnings EstimatesA record share of companies are beating earnings estimates, but investors wonder how much results have already been baked into stock prices wow
ソース: WSJ - 🏆 98. / 63 続きを読む »