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Evercore ISI strategist Julian Emanuel sees rising analyst profit estimates and fewer cuts as the next major positive for stocks after a strong Q2 earnings season
Emanuel noted that S&P 500 companies' Q2 earnings per share exceeded estimates by 26.5% on average, with 86% reporting positive surprises, marking the highest percentage since Q2 2021. The index's Q2 earnings growth rate stands at 52%, the fastest since Q2 2021. Goldman Sachs strategist Ronnie Walker also described the results as "stellar fundamentals."
Source：Yahoo财经 · Source Link
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