U.S. Q1 Earnings Season Best in 20 Years
Claire Weston
The first quarter of the U.S. financial report season has been the best in 20 years, with all 11 industries expected to achieve profit growth.
Deutsche Bank's statistics show that the proportion of S&P 500 constituents exceeding profit expectations and the year-over-year growth rate both set 20-year highs, and all 11 first-level industries are expected to record profit growth for the first time in four years, with quarterly EPS even breaking through the upper rail of the 90-year channel.
Content is for reference only, not financial advice.