Your current location:HOME >entertainment >As earnings season rolls into its heart, hopes rise for broader gains 正文
TIME:2024-05-22 00:16:48 Source: Internet compilationEdit:entertainment
NEW YORK (AP) — As the heart of earnings reporting season arrives on Wall Street, investors hope tha
NEW YORK (AP) — As the heart of earnings reporting season arrives on Wall Street, investors hope that many more voices will be joining the chorus of companies reporting stronger profits.
Last year, Big Tech stocks were behind much of corporate America’s profit growth, and thus behind the majority of the gain for the S&P 500. Just seven companies accounted for all of the U.S. market’s profit expansion over the last four quarters, according to UBS.
But as defense contractors and other big industrial companies line up to report their latest results, the hope is that profit growth will broaden out to a wider range of companies.
Consider General Dynamics, which reports results Wednesday. Analysts forecast its earnings per share jumped nearly 12% from a year earlier, according to FactSet. That would be a big acceleration from last year’s first-quarter growth of roughly 1%. The company is expected to benefit from solid demand for its Gulfstream business jets and from European defense agencies.
Israeli army says it kills over 130 militants in E. Rafah2024-05-22 00:07
Legal Marijuana Now Party loses major status with Minnesota Supreme Court ruling2024-05-21 23:52
Compher scores late, Campbell makes 21 saves for 2nd straight shutout as Toronto beats Minnesota 22024-05-21 23:30
Clarence Thomas says critics are pushing 'nastiness'2024-05-21 23:03
Climber found dead on Denali, North America's tallest peak2024-05-21 22:49
Kuwait's emir dissolves parliament again, amid political gridlock in oil2024-05-21 22:37
Win for Nice, draw for Brest keeps both clubs in fight for French Champions League spot2024-05-21 22:26
Kansas' governor vetoes a bill for extending child support to fetuses2024-05-21 22:23
US overdose deaths dropped in 2023, the first time since 20182024-05-21 22:03
Mysterious colorful boxes with letters attached to them wash up on beaches2024-05-21 21:30
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad2024-05-21 23:59
Bednarek sets the fastest 200m time this year at Doha Diamond League2024-05-21 23:55
Moment pro2024-05-21 23:24
Emotional Mbappé confirms he will leave PSG ahead of an expected move to Real Madrid2024-05-21 23:20
Farm family’s newest crop shows China’s solar ascendancy2024-05-21 23:20
I'm an American living in the UK... here's why universal healthcare is not all roses2024-05-21 23:08
John Swinney clashes with SNP's former Green allies over 'regressive' decision to make anti2024-05-21 23:04
What to know about conservatorships and Beach Boys' Brian Wilson's case2024-05-21 22:43
Harris accepts debate invite to face off with Trump's VP pick, which may come at convention2024-05-21 21:40
California has a multibillion2024-05-21 21:36