Chart Of The Day: U.S. Indices Y/Y Earnings Growth Rates
Ninety percent of Russell 3000 companies have reported 19Q3 earnings. Of the major U.S. indices shown above, the S&P 500 is the only one that may post positive 19Q3 year-on-year (Y/Y) earnings growth. For this to happen, the remaining S&P 500 companies would need to beat current earnings estimates by 5.7%.
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