- Analytics
- News and Tools
- Market News
- Earnings growth for the S&P 500 to be flat in 2023, followed by 9% growth next year – UBS
Earnings growth for the S&P 500 to be flat in 2023, followed by 9% growth next year – UBS
The beginning of the third-quarter earnings season has been relatively lackluster. Economists at UBS analyze equities outlook.
US earnings set to improve, despite slow start
We continue to expect S&P 500 EPS growth of 3-4% in the third quarter, representing a beat of a similar magnitude relative to consensus expectations.
Overall, we expect earnings growth for the S&P 500 to be flat this year, followed by 9% growth next year.
We maintain our June 2024 and December 2024 S&P 500 price targets of 4,500 and 4,700, respectively, from 4,224 at the end of last week.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
