SQQQ - Diverging Trends: A Look At Earnings Growth Around The World
By Jeffrey Kleintop
As stocks have posted solid gains so far in 2019, analysts' earnings per share estimates have been falling. That isn't unusual, as analysts are often too optimistic at the start of the year. But, the pace of the decline in estimates has been eye-catching, as you can see in the chart below.
Analysts' expected earnings per share for global companies in 2019 has been falling sharply
Source: Charles Schwab, MSCI data via FactSet as of 2/15/2019.
The earnings growth outlook has faded the most where it had been strongest last year. The