News Formal

Lessons from earnings season: 2Q was the bottom and the rest of year is looking strong

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

At the halfway point for second quarter earnings, the feared recession and earnings apocalypse has faded away as the soft landing is now consensus.

But there are several issues facing investors in the second half. The second quarter is the bottom for earnings The second quarter is expected to see earnings decline 6.8% from a year ago, according to Refinitiv. This is expected to be the "trough" for this earnings cycle. Estimate for the rest of 2023 and into 2024 are all notably higher. S & P 500 Q1: $53.08 Q2: $52.25 Q3: $55.46 Q4: $57.37 Q1 24: $57.36 Q2 24: $59.

That's why investors pay more attention to guidance than to reported results . Investors are always asking: is the earnings trend up, down, or sideways? For the S & P 500, the overall earnings trend this year has been that estimates started higher in the beginning of the year, but have been coming down . The good news is that after coming down in the first half of the year, estimates have stopped dropping.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Looking for America's next hot housing market? The Midwest provides a lucrative blueprint. Here's why.The Midwest has gained prominence in recent months among investors. Analysts say there are valuable lessons to be learned.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »