Corporate Earnings Update: A (Mostly) Rosy Picture
August 15, 2024 at 14:07 PM EDT
U.S. company profits continue to impress. Earnings season is in the home stretch, with more than 90% of the companies in the S&P 500 index having announced their second-quarter earnings results by now. The good news: Those companies’ profits grew by 9.2% on average compared to the same quarter last year—the highest year-over-year growth rate [...] The post Corporate Earnings Update: A (Mostly) Rosy Picture appeared first on ETF Trends .