Wall Street is set up for an abnormal earnings season
|01/13/2018||Posted by BusinessMediaguide.Com under General World News||
- For the fourth quarter of last year, Wall Street analysts made the smallest cuts to their estimates of any quarter since 2010, according to FactSet.
- Analysts across sectors are counting on a strong earnings season, raising the bar that companies have to clear in the coming weeks.
- Q4 is especially important because it was the last reporting season before the new tax law kicked in.
Wall Street analysts have set the bar high for corporate America when it starts reporting earnings later this week. Or at least, their expectations aren’t as low as they usually are.
In the fourth quarter, read more >>>