Stock Market News
S&P 500 Q2 earnings now seen down 6.4% yr-over-yr; 7.9% decline seen wk ago-Refinitiv
2023.07.28 11:36
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo
NEW YORK (Reuters) – company aggregate earnings for the second quarter are now seen down 6.4% from the year-ago quarter, compared with a 7.9% decline forecast by analysts a week ago, according to Refinitiv data Friday.
The latest forecast is based on results from 254 of the S&P 500 components and estimates for the rest.
