Tuesday, November 24, 2020
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe
Aggregate earnings don’t tell the whole story.
Third quarter earnings season is wrapping up.
Through Friday, earnings per share for S&P 500 companies was down 6.3% over last year, the fourth-biggest quarterly drop since 2009, according to data from FactSet.
This will also mark the sixth time in the last seven quarters that year-over-year earnings fell, with tax cuts in…
Source link