U.S. firms are on monitor to publish earnings development for the fourth quarter of 2020 and finish a string of pandemic-fueled quarterly revenue declines, after latest upbeat outcomes from firms together with Alphabet and Amazon.com, in line with knowledge from Refinitiv.
As of Wednesday morning, S&P 500 earnings are anticipated to have risen 0.9% within the fourth quarter of 2020 from a yr in the past. The projection is predicated on outcomes from 223 firms and estimates for the remainder.
Supply: Reuters (Reporting by Caroline Valetkevitch)
