Current location:travel >>
As earnings season rolls into its heart, hopes rise for broader gains
travel382People have gathered around
IntroductionNEW YORK (AP) — As the heart of earnings reporting season arrives on Wall Street, investors hope tha ...
NEW YORK (AP) — As the heart of earnings reporting season arrives on Wall Street, investors hope that many more voices will be joining the chorus of companies reporting stronger profits.
Last year, Big Tech stocks were behind much of corporate America’s profit growth, and thus behind the majority of the gain for the S&P 500. Just seven companies accounted for all of the U.S. market’s profit expansion over the last four quarters, according to UBS.
But as defense contractors and other big industrial companies line up to report their latest results, the hope is that profit growth will broaden out to a wider range of companies.
Consider General Dynamics, which reports results Wednesday. Analysts forecast its earnings per share jumped nearly 12% from a year earlier, according to FactSet. That would be a big acceleration from last year’s first-quarter growth of roughly 1%. The company is expected to benefit from solid demand for its Gulfstream business jets and from European defense agencies.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gateway news portal”。http://comoros.graduatethesis.org/news-8f299756.html
Related articles
Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
travelCAIRO (AP) — Human rights experts working for the United Nations on Monday urged Yemen’s Houthi rebe ...
【travel】
Read moreMalaysian plover seen in Singapore
travelPhoto shows a Malaysian plover in Singapore on Feb. 16, 2021. (Photo by Then Chih Wey/Xinhua) ...
【travel】
Read moreChinese President Calls for Int'l Data Cooperation
travelContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【travel】
Read more
Popular articles
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Sparkling night at Minyue water town in Fuzhou
- Autumn scenery of park along Changhe River in Hebei
- Giant panda activities frequently captured at a nature reserve in SW China
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- Cat cafe in Bydgoszcz, Poland
Latest articles
Georgia Republicans choose Amy Kremer, organizer of pro
Xi Extends Congratulations to Yunnan University on Centenary Anniversary
China's tourism sector embraces continuous recovery
Migratory whooper swans winter in Sichuan
Verona confirms Serie A status for another year after beating Salernitana
Acrobatic rendition of The Swan Lake staged in Fuzhou
LINKS
- Xi Meets Spanish PM Pedro Sanchez
- Ceremony to commemorate Sun Yat
- 'Red Building,' a Witness of China's Revolution
- China Ready to Coordinate with New Zealand for Peace, Stability in Pacific Islands Region, Says Xi
- Xi Says Ready to Strengthen China
- China to expand pilot program for reform of medical services pricing
- Xi Calls for Free, Open Trade at APEC Economic Leaders' Meeting
- True Friends Share Weal and Woe
- China to expand pilot program for reform of medical services pricing
- China rolls out tasks to foster improved online environment