– Second quarter earnings season is underway and may be another good one, potentially marking the eighth straight quarterly increase.
– Consensus estimates are calling for a 21% year-over-year increase in S&P 500 Index earnings, setting up a second straight quarter of 20% or higher growth.
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Source:
LPL Research, FactSet 07/20/18
Important Disclosures:
The Standard & Poor’s 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. All performance referenced is historical and is no guarantee of future results. Estimates may not develop as predicted.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.
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