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home / news releases / ACTV - S&P 500 Earnings Season Suggest A Dire 2024 Forecast

ACTV - S&P 500 Earnings Season Suggest A Dire 2024 Forecast

TWO RDS SHARED TR

2024-05-08 12:27:00 ET

Summary

  • Earnings estimates for 2024 have remained the same since 2022, despite positive headlines about earnings season.
  • Sales growth for 2024 has also remained flat since 2022, despite inflation and nominal GDP growth.
  • Margins in the first quarter collapsed, suggesting that 2024 may not be much different, potentially impacting earnings estimates and stock prices.

Despite all the positive headlines about what a wonderful earnings season it has been, earnings estimates for 2024 remain the same as in 2022. To think that earnings estimates for 2024 have basically moved sideways since 2022 seems odd, to say the least. It makes you wonder where earnings would be if nominal GDP growth continued to slow from here like the Fed wants....

For further details see:

S&P 500 Earnings Season Suggest A Dire 2024 Forecast
Stock Information
Company Name: TWO RDS SHARED TR
Stock Symbol: ACTV
Market: NYSE
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