Weaker Profits Seen For Energy, Financials, Other Sectors

By | April 9, 2014

Scalper1 News

Six major sectors, including some of the year’s best so far, are expected to show aggregate declines in first-quarter earnings. An analysis by Standard & Poor’s finds that the energy, finance, health care, industrial, information-technology and materials sectors will have year-over-year profit declines in Q1 of as much as 5%. Most of those sectors are looking at earnings declines of 2% or less. But financials are expected to fall nearly 4%. Much Scalper1 News

Scalper1 News