Tag Archives: underestimating

Analysts are underestimating the S&P 500 again: DataTrek

With the Q4 2021 earnings season now underway, Wall Street analysts are mostly bullish in regard to the corporate profitability landscape in spite of slowing growth rates. According to DataTrek Research, however, analysts are still underestimating the S&P 500 (^GSPC). “Wall Street analysts have started increasing their S&P 500 Q4 earnings estimates again, and they’re getting more bullish on 2022 as well. We still think their numbers are too low,” DataTrek Research Co-Founder Nicholas… Source link

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