It was reported 24% S companies&P 500. Actual results and new projections have again revised the final expected drop in total profit upward..
Now expected, that eps on the index will decrease by 15,8%, whereas on 31 March was expected to decrease by 6,8%. Revenue growth is estimated at a minimum - by 0,1%.
According to research by FactSet, 60% of those who reported exceeded forecasts for profit and revenue, which did not help to correct the indicators in general.
Above expectations were reported in the materials sector, healthcare and IT sector. Worse than forecasts - financial sector and energy (Petroleum).
