Earnings ahead of forecasts but rest of season unclear, Reuters reports

theflyonthewall.com

U.S. companies have beaten expectations for Q1 earnings so far, but about half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust, reports Reuters. The companies yet to report are expected to post an aggregate earnings decline of 0.4%, according to Thomson Reuters data, whereas the companies that have already reported have reported growth of 6.1%.

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