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The first quarter earnings season, measuring business results between the months of January to March, has officially kicked off.
Expectations are high, with consensus calling for 25 per cent year over year growth for companies within the S&P 500 index, the most popular benchmark for the U.S. equity market.
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Moreover, the earnings growth rate for the second quarter (April to June) is expected to rise by more than 50 per cent, reflecting the fact that much of the world’s economy was shuttered in the spring of 2020. For the full year, the average estimate is for nearly 26 per cent year over year growth.
Earnings growth makes big progress over 2020
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Earnings growth makes big progress over 2020
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Earnings growth makes big progress over 2020
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Earnings growth makes big progress over 2020
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