S&P 500 & Sectors: GAAP Earnings' Misleading Trend Continues In 2Q23
This report analyzes the Core Earnings and GAAP earnings of the S&P 500 and each of its sectors.
Source: forbes.com
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This report analyzes the Core Earnings and GAAP earnings of the S&P 500 and each of its sectors.
Trailing-twelve-months (TTM) Core Earnings fell 1%, while TTM GAAP Earnings rose 2% quarter-over-quarter (QoQ) in 1Q23.
I feature the firms and sectors with the most Earnings Distortion, both overstated and understated GAAP earnings, in the S&P 500.