By: Jeff Buchbinder, CFA, Chief Equity Strategist, LPL Financial & Ryan Detrick, CMT, Chief Market Strategist, LPL Financial
Corporate America has capped off an outstanding 2021 with an excellent fourth quarter earnings season so far. Entering 2021, the consensus estimate for S&P 500 Index earnings per share (EPS) was less than $170. Now with fourth quarter results mostly in the books, that number is 22% higher at $208. Here we recap another solid fourth quarter earnings season and discuss what the results could mean for earnings growth and stock market performance in 2022.
Read the full commentary here: Weekly_Market_Commentary_2.22.2022