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High Bar, Two-Sided Risks: What To Expect From Earnings Season
Reporting season starts next week, and analysts collectively have great expectations for corporate America.
Consensus expects 8% YoY profit growth for the S&P in aggregate, the second-highest pre-season bar to clear since 2021, when the C-suite was hurdling pandemic comps.
By sector, Wall Street expects the briskest growth from Comms Services and Tech, at 19% and 18%, respectively. Energy companies will likely report a sharp YoY profit decline.
The figure below, from Goldman, gives you so
