Big Apple Fuels Earnings While Big Energy A Drag

By | February 7, 2015

Scalper1 News

A push-pull dynamic is playing with fourth-quarter results: Apple, fellow technology firms and health care companies push S&P 500 earnings forward, while the reeling energy sector pulls them back. As of Friday, with 64% of the S&P big-cap companies having reported, earnings are expected to show a 6.4% year-over-year gain, with revenue up 1.8%. So far, 72% have beat analysts’ profit estimates and just 17.1% missed, says Thomson Scalper1 News

Scalper1 News