Margins For S&P 500 Flat At Peak Levels: Goldman SachsMani
Dissecting 1Q 2014 results of S&P 500 (INDEXSP:.INX) companies, Goldman Sachs analysts anticipate earnings and sales would grow while margins would remain steady at peak levels.
Amanda Sneider and team at Goldman Sachs in their report dated May 2, 2014 point out Utilities firms beat expectations thanks to higher electricity volumes / power prices driven by abnormal weather. The analysts report has been published after results of 375 companies have been announced, representing 80% of equity cap in S&P 500.
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