The wrong question — and the right one — to ask about earnings headwinds💬
Why expected earnings can rise despite bad news 📈
Something extraordinary happened during the first three months of the year: Analysts revised up their forecasts for S&P 500 earnings.
According to FactSet, analysts currently expect the S&P 500 to earn $228.43 per share. This is 2% higher than the $223.43 expected as of December 31, 2021.
Some of this can be explained by analysts fine-tun…
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