JPM: Consensus earnings expectations for the S&P 500 this year look too optimistic

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

JPM: Consensus earnings expectations for the S&P 500 this year look too optimistic

Analysts’ projections imply that S&P 500 earnings per share will jump 17% between Q1 and Q4 this year. According to JPMorgan, this suggests that S&P 500 companies need to exhibit “very high topline growth or a very strong expansion in profit margins.”In this context, JPMorgan strategists analyzed the relationship between S&P 500 revenue growth and nominal GDP growth.

As a matter of fact, JPMorgan said that both S&P 500 revenue and earnings growth are converging towards a mid-single-digit rate, around 5%, marking a sharp contrast when compared to the optimistic high double-digit growth estimates that are projected for this year. They base their cautious stance on the expectation that a prolonged high-interest-rate environment will continue to pressure equity markets, increasing concerns about a potential hard landing.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين