Financial News

Q1 earnings monitor: Reopening giddiness

Q1 earnings season is well underway. 25% of the S&P 500 has reported, and a number of large-cap bellwether technology companies will report this week. So far, the EPS and sales beat rates are above their historical averages, and forward 12-month EPS estimates continue to surge.

However, risks are rising as the sunny bottom-up view is coming into conflict with a more cautious top-down outlook.
The full post can be found here.
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