News Formal

The earnings rebound may take time to revive the fortunes of the equity market

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

US earnings revival looks unlikely to lead to equity rebound yet, economists at UBS report.

Earnings are set to return to growth The percentage of companies beating earnings estimates is in line with historical averages , and earnings are beating forecasts, in aggregate, by nearly 8%. We continue to expect S&P 500 EPS growth of 3-4% in the third quarter. Our 2023 and 2024 S&P 500 earnings per share estimates are $220 and $240 , respectively.

, especially against a backdrop of elevated valuations. Rising yields have caused a further deterioration in the equity risk premium – making stocks look less attractive relative to high quality fixed income. We still expect the improving outlook for earnings to boost stocks over the coming year, with our base case for the S&P 500 to reach 4,700 by the end of 2024.

 

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。
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:

 /  🏆 14. in JP

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。

Pinterest soars on rising Gen Z engagement, ad-market reboundPinterest soars on rising Gen Z engagement, ad-market rebound
ソース: Investingcom - 🏆 450. / 53 続きを読む »

CNBC Daily Open: Market bounce may not lastAfter a rough week amid accelerating inflation and disappointing earnings, stocks bounced to start the week. But the recovery may not last.
ソース: CNBC - 🏆 12. / 72 続きを読む »

CNBC Daily Open: Market bounce may not lastAfter a rough week amid accelerating inflation and disappointing earnings, stocks bounced to start the week. But the recovery may not last.
ソース: NBCDFW - 🏆 288. / 63 続きを読む »