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Double-Digit Earnings Growth on Tap



With stock valuations elevated after such a strong first half, earnings growth will be key to holding, or potentially building on these gains.  Our research department believes stocks have gotten a bit over their skis, but earnings season may not be the catalyst for a pullback in the near term given all signs point to another solid earnings season and stocks have mostly performed well during the peak weeks of reporting season in recent years. We may not get an increase in second-half estimates over the next couple of months — that's a lot to ask — but we should get a few points of upside and double-digit earnings growth for the second quarter on the back of technology strength.

Read the full commentary here

As always, please reach out to me with questions or if there is anything else we can do for you! 

I can be reached by email at cyril.white@fourfinancial.com or by phone at 734-272-4322.

Sincerely,

Cyril S. White

Certified Financial Planner

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Earnings per share (EPS) is the portion of a company’s profit allocated to each outstanding share of common stock. EPS serves as an indicator of a company’s profitability. Earnings per share is generally considered to be the single most important variable in determining a share’s price. It is also a major component used to calculate the price-to-earnings valuation ratio.

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