Earnings: Why Q2 may be a bottom
Автор: Yahoo Finance
Загружено: 2023-08-02
Просмотров: 1200
Описание:
A lot of companies have been able to post earnings beats this season, mainly because expectations were so low. But State Street Global Advisors U.S. SPDR Business Chief Investment Strategist Michael Arone thinks the second quarter may be a bottom in this earnings cycle. Arone explains to Yahoo Finance Live how earnings from tech and financial companies, for example, could be fairly strong, saying "technology companies are going to grow their earnings year-over-year by over 9%."
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