Bank of America point to a strong earnings season ...Middle East

Bank of America on Q3 earnings:nearly 80% of S&P 500 index have reported so farsigns that the season will remain strongconsensus EPS is now up 2% vs. where it stood as of October 1, which means its tracking +6% YoY, in line with our forecast 68%/57%/45% beat on EPS/sales/both so far, compared to the historical average of 59%/59%/41% and last quarter’s 71%/56%/46%mentions of weak demand have jumped but signs its bottomed .... worst in de-stocking is behind us S&P 500 up The amount of words that have been written about this tiny pullback .... sheesh. This article was written by Eamonn Sheridan at www.forexlive.com.

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Last updated : 05 Nov 2024 clock 01:17 AM

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Bank of America point to a strong earnings season ...Middle East

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