div > div.group > p:first-child"> Investors are bracing for a drastic earnings slowdown headed into the first-quarter reporting season — Wall Street analysts are projecting a 3.9 percent earnings decline for S&P 500 firms in the first quarter, the first year-over-year decline since the second quarter of 2016, according to FactSet. That is a 7.2 percent drop from the previous quarter, the largest cut in three years.
"All 11 sectors have experienced negative 2019 EPS revisions since the start of the year," Goldman chief U.S. equity strategist David Kostin said in a note on Saturday."As margin pressures mount, investors should focus on companies that have demonstrated the ability to maintain margins through pricing power."As slowing demand and rising costs put pressure on companies, it becomes harder for them to generate additional sales growth.
Goldman earnings suck!!!!!! Their stock is a dog!!!!
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Lyft drivers question company's future as a public companyCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Trump is speaking on FOX... They would be better off spending their time learning how to damn well drive and park Lets not forget what happened when $SNAP went Public lol
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