Earnings (General News) 01 (May 10 - Oct 16)

[winston]

The profit recession on Wall Street is coming to an end

by Jeff Cox

Current projections are that earnings for the S&P 500 in aggregate will decline 2.1 percent, according to FactSet.

That almost never holds true, though.

Companies set the bar low heading into the reporting period, and usually about 68 percent end up beating analyst projections.

Source: CNBC.com

http://www.cnbc.com/2016/10/10/the-prof ... 284a1255a1