Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.
Profit surprises are normalizing — and that may signal a healthier stock market, say Citi strategists
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MarketWatch Top StoriesBy Nora Redmond
EXECUTIVE SUMMARY
Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.
Key Takeaways
- Profit surprises are normalizing — and that may signal a healthier stock market, say Citi strategists.
- Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.
- Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.
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Published originally on MarketWatch Top Stories
