1st Quarter Profits, Earnings Reach All-Time Highs – Largest Monthly Surplus in History – Far Left Media Silent
No matter what the Lame Street Media reports, the average voter knows darn well that things are going great under President Tump. All one has to do is check their wallets and look at all the construction and new businesses opening up.
First quarter earnings are expected to increase 25.7% from Q1 2017. Excluding the energy sector, the earnings growth estimate declines to 23.7%.
Of the 409 companies in the S&P 500 that have reported earnings to date for Q1 2018, 79.2% have reported earnings above analyst expectations. This is above the long-term average of 64% and above the prior four quarter average of 72%
The Q1 2018 blended revenue growth estimate is 8.4%. Excluding the energy sector, the revenue growth estimate declines to 8.0%.
75.9% of companies have reported Q1 2018 revenue above analyst expectations. This is above the long-term average of 60% and above the prior four quarter average of 69%.
From Trump Economy Sets More Records: 1st Quarter Profits, Earnings Reach All-Time Highs - Largest Monthly Surplus in History - Far Left Media Silent