Your current location:HOME >politics >As earnings season rolls into its heart, hopes rise for broader gains 正文
TIME:2024-04-19 08:39:20 Source: Internet compilationEdit:politics
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.
The Dolphins have a 1st2024-04-19 08:37
Meet the Real Housewives star who spent £25m on a 1,0002024-04-19 08:08
Enhanced technology ensures safety and efficiency of Chinese NEVs2024-04-19 08:03
Company in N China's Shanxi advances in developing ultra2024-04-19 07:59
Missouri lawmakers back big expansion of low2024-04-19 07:52
Zendaya continues her tennis2024-04-19 07:37
China ranks second in world in terms of computing power2024-04-19 07:07
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate2024-04-19 07:06
Vice President Harris returning to Wisconsin for third visit this year2024-04-19 07:05
Hun Sen defends Cambodian canal project, rejects outside slander2024-04-19 06:25
UN OKs shipment of vaccine storage equipment to North Korea — Radio Free Asia2024-04-19 08:32
Oti Mabuse shares 'sad' update as Saturday Night Takeaway comes to an end after 22 years on screens2024-04-19 08:31
Chinese experts showcase new seed varieties, technology at Uganda agricultural exhibition2024-04-19 08:28
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate2024-04-19 08:21
Gunmen ambush vehicle carrying customs officials in northwest Pakistan, killing 4 officers2024-04-19 08:11
BBC presenter confirms departure from 'life2024-04-19 07:59
Inside Lily James' idyllic childhood as the daughter of a musician and actress2024-04-19 07:35
3 scientists share 2023 Nobel Prize in Physics2024-04-19 07:22
China bans Uyghurs from using social media apps — Radio Free Asia2024-04-19 07:22
Study reveals genetic mechanism behind Tibetans' high2024-04-19 05:52