Citi: Q1 earnings support bullish view toward S&P 500 fundamentals

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Citi: Q1 earnings support bullish view toward S&P 500 fundamentals

Citi strategists said the Q1 reporting season can be described as a "beat-and-hold," noting that 2024 consensus growth expectations for the S&P 500 remain largely unchanged, though there are notable signs of sector and single-stock broadening.

“All told, valuations are still telling us strong fundamentals are expected, and need to be delivered on,” they said, adding that their 2024 S&P 500 earnings per share estimate of $245 “should be attainable, if not conservative.” As for growth trends, Citi strategists said they continue to strongly emphasize their market-implied growth, which indicates a more favorable outlook.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 450. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock Market Today: S&P 500 closes lower as Powell signals higher for longer ratesStock Market Today: S&P 500 closes lower as Powell signals higher for longer rates
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »