Off the charts: More blowout U.S. earnings. What comes next? [Toronto Globe and Mail (Ontario, Canada)]
Bryn Mawr Bank Corporation (BMTC)
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Source: Toronto Globe and Mail
Off the charts: More blowout U.S. earnings. What comes next? Forget about “What have you done for me lately?” The big question investors will be asking companies this upcoming earnings season is: What will you do next? Companies are lining up to tell investors how much they made during the last three months of 218, and the reports get going in earnest this upcoming week with Citigroup and a slew of other banks on deck. Expectations are high, and Wall Street is forecasting a fifth straight quarter where profit growth topped 1 per cent for S&P 5 companies. Markets could use some encouragement following the worst December for stocks since the Great Depression. But investors are likely less interested in companies’ performance over the last three months as what they have to say about the trends for 219. Story continues below advertisement Economic growth around the world is expected to slow this year, and rising payroll costs could be eating into company profits. Trying to judge the impac
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