3Q S&P EPS Could Near $30 Amid Big Declines: Deutsche BankMani
Deutsche Bank’s profit indicator suggests 3Q S&P EPS had little or no growth from 2Q and the firm's analysts believe that unless oil climbs sharply, quarterly S&P EPS will likely be $30-$31 through 1H17. The DB analysts, led by David Bianco, said in their September 9 research piece titled “Death of volatility? A risky view” that they believe 3Q S&P EPS results will not impress, with companies lowering their 2017 expectations.
8% to 10% S&P EPS decline . . .
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