Business · Markets · 1 hr ago

S&P 500 companies barely beat analysts’ profit estimates

S&P 500 companies barely beat analysts’ profit estimates

Most S&P 500 companies reported profits above forecasts from analysts.

The S&P 500 is an index of large US companies.

Analysts’ estimates give investors a benchmark for judging companies’ earnings.

The companies beat those estimates by only a small margin, according to the figures described.

That margin is the narrowest in roughly four years.

The results show that earnings are topping expectations, but only narrowly; no next steps are given.

1 source

Related