The Q2 season has brought a mix of both positive and negative surprises, leading to increased market volatility in recent weeks. In a note to clients published Wednesday, analysts at Societe Generale highlighted 10 learnings from the ongoing reporting season.:’ In Q2, 78% of companies beat on earnings per share , well above average levels, while only 58% exceeded sales expectations, the lowest in five years.:’ S&P 500 profit margins continue their uptrend.
In conclusion, Societe Generale analysts suggest that the rising profit margins are a saving grace, bolstering the ongoing profit narrative and maintaining the S&P 500 in 'buy-the-dip' territory.Scan QR code to install app
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: