Earnings estimates for S&P 500 companies in first quarter lowered due to weaker economy
From Dow Jones & Company: 2025-04-04 15:21:00
Analysts are adjusting their expectations for a weaker economy as first-quarter earnings estimates for S&P 500 companies see a dramatic reduction. FactSet reports that profits are expected to increase by 7% from a year ago, down from the initial forecast of 11.7%. This sharper decline in projections is attributed to inflation concerns, indicating a more pessimistic outlook for the rest of 2025. Wall Street may need to reevaluate its bullish stance and consider the impact of economic uncertainties on future earnings.
Read more at Dow Jones & Company: Earnings Estimates for the First Quarter Are Coming Down