In the Margins

Is corporate America in earnings recession?

January 14, 2016

By Bloomberg

Fourth-quarter earnings results for S&P 500 companies are expected to show a decline in profits for a third quarter in a row, showing that corporate America has slipped into an earnings recession. Profits are expected to have dropped by 7.2% in the fourth quarter on a share-weighted basis, according to data compiled by Bloomberg, while revenues are expected to have fallen by 3.1%. This would represent the worst earnings season since the third quarter of 2009. Read the original story from Bloomberg.

 

 

Most Read

10 Things
10 Things...boards are facing now and into 2024

Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...