The outlook for 1998 United States corporate earnings

Article Abstract:

Security analysts gave a positive corporate earnings growth projection for the United States. Corporate profit growth is expected to increase from a rate of 6% to 8% by the end of 1998. The technology group may lead the other ten sectors which include health care and consumer services with a 29% profit growth in 1998 and a long term growth of about 21.3%. The consumer durable group is expected to post a slow growth as an effect of a growth decline in the automotive manufacturing industry.

Economic Views, Economic aspects, Economic policy, Technology

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The outlook for United States corporate earnings

Article Abstract:

US corporate earnings for 1999 will grow by 17.4% compared to 1998 levels. The forecast is based on a survey of 3,921 security analysts conducted by the Institutional Brokers Estimate System. The chances of a US economic recession remains a remote possibility due to a strong consumer demand. Despite a strong US economy, which is predicted to grow by another 19.6% in 2000, the global economy continues to post a slower growth rate from its performance in 1997.

Surveys

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The outlook for 1998 United States corporate earnings

Article Abstract:

Security analysts predict a 13.6% growth in US corporate earnings in 1998 and an expected growth rate of 18.2%. The projected 1998 growth rates for Major Market Indexes are lesser. The S&P500 earned $44.96 on an operating basis in 1997. Operating profits are predicted to increase 9.7% in 1998 to $49.34 and grow 15.5% in 1999 to $56.00. Meanwhile, for the S&P Industrials, a growth in earnings of 9.5% is expected for 1998.

Forecasting, Reports, Business forecasting

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