Results of the reporting season in the US for the first quarter: profits grew by only 4%, and the margin fell
In June, the last companies from S&P 500 reported for the first quarter. This is what happened to their profits now and this is how it was on average over ten years: Better than expectations: now - 77%, average - 72% companies. Worse than expectations: now - 20%, average - 20% companies. At the level of expectations: now - 3%, average - 8% companies.