HomeLifestyleRetailOutlook For 1Q Earnings: Strength In Energy, Weakness in Communication Services
Outlook For 1Q Earnings: Strength In Energy, Weakness in Communication Services

We are expecting earnings growth to be up 8% this year compared to last year's 47%, says Sam Stovall Chief Investment Strategist at CFRA. He doesn't see the earnings numbers enough to justify the market bounce. He says there are upward revisions in Q1 estimates in sectors such as energy, consumer staples, real estate, and utilities, while there is a reduction in communication services, consumer discretionary, and industrials sectors. Tune in for the full breakdown of the sectors and the broader market.

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