The Traderszone Network

Published in TZ Latest News 13 May, 2017 by The TZ Newswire Staff

"Q1 Earnings Were Great, But…" – Goldman Pours Cold Water On The Strongest Quarter Since 2011

With 91% of companies in the S&P500 having reported earnings for the first quarter, Q1 2017 earnings season is almost fully in the history books, and is shaping up as the best quarter for annual earnings growth in six years. According to FactSet, the blended earnings growth rate for the S&P 500 in the first quarter is 13.6%, up from 13.5% last week, while revenue is poised to grow 7.8% Y/Y.

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