News Formal

What to watch as Q4 U.S. earnings kick into high gear

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

What to watch as Q4 U.S. earnings kick into high gear GlobeInvestor

in the fourth quarter. Financials and utilities companies overall are expected to have tallied double-digit profit growth, while energy, industrials and consumer discretionary are seen reporting declines.

“There is a lot more optimism priced into the 2020 numbers than there has been priced into the 2019 numbers,” Lafferty said. The S&P 500’s forward price-to-earnings ratio has climbed from roughly 14 times to start 2019 to about 18 times by the end, an increase that investors attributed largely to interest rate cuts from the Federal Reserve.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bombardier slashes earnings forecast; reassessing Airbus partnership2019 earnings now expected to be $400 million, down from between $700 million and $800 million Federal bailout incoming! Cocaine and hookers affect the bottom line .... just saying Constantly selling scrap snd bailing them out is not good for CANADA... ENOUGH NO MORE MONEY NO MORE BAIL OUTS.
Source: nationalpost - 🏆 10. / 80 Read more »