News Formal

Earnings Season Scorecard: These 5 Corporate Indicators Scream No Recession

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

S&P 500 Новости

Россия Последние новости,Россия Последние новости

Stocks Analysis by Ed Yardeni covering: S&P 500. Read Ed Yardeni's latest article on Investing.com

There’s no sign of an imminent recession in the latest earnings reporting season. With more than 90% of theS&P 500 operating earnings per share rose 10.9% y/y during the quarter to a record high of $60.19.Just before the start of the Q2 earnings reporting season, during the week of June 28, the analysts’ consensus forecast had implied an 9.1% increase in Q2 EPS.

That’s our job as economists and strategists. We correctly pushed back against the consensus recession forecast in 2022 and 2023. We are doing so again this year. We might even do so over the next two years.Meanwhile, if the no-show recession continues not to show up, S&P 500 forward EPS should continue to be a bullish leading indicator for actual EPS as well as for the economy. Forward earnings rose to yet another record-high $265.67 during the August 8 week.

The S&P 500 profit margin rose to 12.3% during Q2. That’s still below its record high of 13.7% during Q2-2021.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 450. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market StrategyDiscover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.
Источник: DailyFX - 🏆 305. / 63 Прочитайте больше »

Earnings playbook: Your guide to a busy week of earnings, including Alphabet and TeslaWall Street will get its first glimpse of Big Tech earnings this week.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Wedbush: Tech earnings season has bolstered AI revolution thesisWedbush: Tech earnings season has bolstered AI revolution thesis
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

10 learnings from this earnings season10 learnings from this earnings season
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Investors are punishing stocks that miss earnings more than normal this seasonThe market is rewarding positive earnings surprises less than average and punishing negative surprises more than usual, according to FactSet.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »