Four Takeaways From This Earnings Season: Consumers, Brexit, FX And MarginsRupert Hargreaves
We’re more than halfway through the second quarter earnings season, and so far the figure reported have been relativity upbeat. With substantially all of the companies in the S&P 500 now having reported earnings according to FactSet, 69% have reported earnings above the mean estimate, and 54% have reported sales above the mean estimate. The blended earnings decline is 3.5%.
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