With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for 4.7% growth, according to LSEG data on Friday. "A lot of the surprises were in the earnings," rather than in revenues, said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. So far for the fourth quarter of 2023, 63.6% of reports are beating analyst revenue expectations, compared with an average of 66% over the past four reporting periods, based on LSEG data.
This can save tons of money on Amazon, but most Prime members are ignoring it.
TFI International’s EPS in 2024 will be at least $7 a share, CEO Alain Bédard says The post TFI beats earnings estimates, US LTL a work in progress appeared first on FreightWaves.
