Earnings And Valuations Update; Still Nowhere Near Good
At the end of July with a majority of the 500 companies included in the S&P 500 index having reported their earnings, the tabulated EPS (as reported) was figured around $24.09. That was already down sharply from just a month earlier when compared to analysts’ expectations from just before Q2 earnings season started. In late June, the EPS outlook suggested [...]
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