Q1 S&P 500 Profits Seen Up Just 3.2% — 1.8% Ex Apple – Investor’s Business Daily
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Q1 S&P 500 Profits Seen Up Just 3.2% — 1.8% Ex Apple
Investor’s Business Daily Analysts now see 3.2% Q1 profit growth from S&P 500 firms, according to Thomson Reuters data. That's down from 5.5% on Jan. 1 and hopes for 12.8% six months before that. Exclude Apple (AAPL), and profit may rise just 1.8%. "The bar for Q1 is set pretty … Wall St Week Ahead: Will earnings spark further stock declines? Wall Street Week Ahead: Will earnings spark further declines? First-Quarter Earnings Could Derail Market's Climb |
