Earnings would’ve been up in Q3 if it weren’t for three industries: Morning Brief

Tuesday, November 24, 2020

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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…


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