Market Ethos - Earnings, trick or treat?


We are about halfway through the U.S. earnings season, with 245 of the S&P 500 companies having already reported. Earnings are backward-looking, kind of like GDP reports, since the quarter started in July and ended in September. Nonetheless, companies offer a direct look at what is happening on the ground and deliver their expectations for the coming quarters via guidance. We would include Canadian earnings as well, but only 14% of the TSX has reported. Things move a little slower up here. So, let’s dive into U.S. earnings.

Click HERE to access the report.