The recent decline in earnings growth estimates for the second quarter is in alignment with negative guidance given by companies, reports Thomson Reuters.
Greg Harrison of Thomson Reuters in the earnings roundup report for the second quarter observes there have been 96 negative pre-announcements and only 14 positive ones among the S&P 500 companies making pre-announcements.
With the...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
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