Ahead Of A Subpar Earnings Season: “Investors Are Wary That Companies Might Low-Ball 2023 Guidance”
January 09, 2023 at 06:55 AM EST
Next Friday, financials will kick off what is expected to be a lackluster 4Q 2022 earnings season, and by February 10th, companies representing 77% of S&P 500 market cap will have reported year-end results. According to Goldman’s David Kostin, consensus expects the aggregate S&P 500 index will post 0% EPS growth in 4Q 2022 vs. […] Source