JPMorgan strategists said consensus projections for earnings growth have been “moving materially lower” in recent months ahead of the Q1 2024 reporting season kick-off.
Despite declining earnings forecasts, there has been a notable shift in activity momentum during the quarter, evidenced by rising global purchasing managers indexes . This improvement, alongside the lowered earnings hurdle due to reduced forecasts “is suggesting that we will get earnings beats,” strategists at JPMorgan said in a Monday note.
“The risks of interest rates spiking for the “wrong reasons”, Fed pivot getting fully reversed and inflation staying too hot are all elevated,” they added.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Q1 S&P 500 Earnings: Another Normal Earnings Season in the Offing?Stocks Analysis by Brian Gilmartin covering: S&P 500, Intuitive Surgical Inc, Johnson & Johnson, Abbott Laboratories. Read Brian Gilmartin's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »
This copper stock offers best exposure to play rising market pricesThis copper stock offers best exposure to play rising market prices - JPM
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »
Nike Beats Sales, Earnings Projections in Q3 as Leadership Touts Innovation PipelineNike (NKE) Q3: Nike Inc. reported sales and earnings results that beat expectations. Leadership highlighted the company's emphasis on innovation.
مصدر: wwd - 🏆 24. / 68 اقرأ أكثر »
Citigroup Earnings: Stock Cheap on Book Value Basis as Eyes Turn to EPS GrowthStocks Analysis by Brian Gilmartin covering: S&P 500, Citigroup Inc, Bank of America Corp, JPMorgan Chase & Co. Read Brian Gilmartin's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »
Goldman analysts see earnings driving US stock rallyGoldman analysts see earnings driving US stock rally
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »