Stocktake: Earnings season brings some relief to nervous investors

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 98%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Shares climb even for companies that miss expectations indicating that a lot of bad news had already been priced in

Shares climb even for companies that miss expectations, indicating that a lot of bad news had already been priced inAmazon’s shares spiked after it reported earnings even though they were well below analyst expectations. Photograph: BloombergUS earnings season is winding to a close. A casual observer might assume it’s been a stellar quarter, given the extent of the market gains. In truth, FactSet data indicates it’s been a mixed bag.

Still, the number of companies beating earnings expectations was slightly below the five-year average. More notably, the average company exceeded estimates by 3.4 per cent – way below the five-year average of 8.8 per cent.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости