Blog

Low Bar for Earnings Season

10/17/2022

By: Jeffrey Buchbinder, CFA, Chief Equity Strategist, LPL Financial

Expectations are very low for this earnings season. The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. The chorus of analysts and strategists calling for big cuts to estimates has gotten louder. Expect estimates to come down, but not collapse. Here we take a look at whether expectations are low enough as we preview third quarter earnings season.

Read the full commentary here: Weekly_Market_Commentary_10.17.2022

Previous

Pockets of Vulnerabilities

Next

Three Things to Know About Recessions