Tigress02
02-02

As a whole, outlook for Q4 beginning January 2024 earnings are up, EPS are up for the majority of companies according to the S&P 500.

An interesting antidote. The “Millennial Earnings Season” as it is called. Is when Wall Street continuously lowers estimates as the reporting period approaches, so that “everyone gets a trophy”. This can be seen in the majority of companies beating estimates each quarter regardless of economic and financial conditions. This would otherwise not be possible if analysts were held to their original estimates.

Modified in.02-02
Q4 Earnings Season Coming! What's Your Take?
The fourth-quarter financial results have commenced, and four out of the six major banks on Wall Street have reported less than optimistic outcomes. A higher number and percentage of S&P 500 companies have issued negative earnings per share (EPS) guidance for Q4 compared to both the 5-year and 10-year averages. ----------------------- Share your insights about Q4 earnings season to win tiger coins!
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