Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

WikiFX Express

Yellen says IMF has adequate resources, but needs quota reform

First-quarter S&P 500 earnings seen down 4.8%-Refinitiv

WikiFX

| 2023-04-15

Abstract：NEW YORK (Reuters) – With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase & Co and other banks, estimates for the first quarter have improved slightly from a week ago, according to Refinitiv data released Friday.

NEW YORK (Reuters) – With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase & Co and other banks, estimates for the first quarter have improved slightly from a week ago, according to Refinitiv data released Friday.

Including actual results for 30 of the S&P 500 companies and estimates for the rest, analysts now expect earnings in aggregate to have declined 4.8% in the first quarter of 2023 from the year-ago period. That compares with their week-ago forecast for a 5.2% decline in the quarter.

S&P 500 earnings fell 3.2% year-over-year in the fourth quarter of 2022, based on Refinitiv data.

(Reporting by Caroline Valetkevitch)

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.