We continue to expect earnings headwinds ahead - Citi

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Go back to We continue to expect earnings headwinds ahead - Citi

We believe the worst phase of negative earnings revisions is now behind us - Goldman

May 15, 2023 5:11 AM EDT

Goldman Sachs analyst David Kostin: "S&P 500 EPS fell by 3% year/year in 1Q 2023, versus consensus estimates for -7% growth at the start of reporting season. 1Q results give us incremental confidence in our above-consensus EPS estimate of $224 in 2023, representing +1% growth. We believe the worst phase of negative earnings... More