Q3 EPS Expectations Just Turned Negative: Six Consecutive Quarters Of Declining Earnings
by Tyler Durden
ZeroHedge.com
Jul 23, 2016
According to the latest weekly update from Factset, as of this moment consensus estimates now expect the third quarter to be the sixth consecutive quarter of declining earnings, with Q3 EPS forecasts just turning negative for the first time, down from +0.4% to -0.1%.
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