Monday, August 15, 2016

S&P 500 Earnings Optimism

The second quarter 2016 is coming in a bit on the disappointing side.  Seems like this happens all the time.  Right?

The 2nd quarter estimate was for $25.72 per share.  With 91.5% reporting they are at $23.02.  They might not make it to the estimate.

But worry not.  Third quarter is estimated at $27.09 and the 4th quarter at $29.29.

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