Excerpt from Bloomberg quoting DataTrek Research: …. “But even before those announcements, there was increased talk of a looming “earnings recession.” According to DataTrek Research, analysts as of Jan. 4 had predicted first-quarter earnings growth…
Day: January 28, 2019
Yahoo Finance: "There could be virtually no earnings growth in Q1"
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “The earnings picture is looking bleaker and bleaker for 2019. Analysts surveyed by FactSet are expecting only 0.7% year-over-year earnings growth for the first quarter of 2019 for S&P 500…
US Earnings Recession: An Update
Last week we highlighted the continuing decline in Wall Street analysts’ expectations for first half 2019 corporate earnings. The upshot of our findings was that numbers are coming down at a…