Published on 29 May 2024 on GuruFocus.com via Yahoo Finance
First-quarter earnings season has become one of the important market supporting factors during second-quarter 2024. First-quarter results were not stellar, but upbeat: S&P 500 earnings per share increased by 6% (according to FactSet), EPS surprise was at the level of 79.50% (which is above the five-year average of 77% and above the 10-year average of 74%, according to FactSet).
1st-Quarter Earnings Season Results, Expectations for 2024
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