5 Giant Retailers Likely to Gain on Earnings This Month

We are in the second phase of the fourth-quarter 2023 earnings season. Results are, so far, better than expected. As of Feb 16, 396 companies on the S&P 500 Index reported their financial numbers. Total earnings for these index members are up 5.1% from the same period last year on 3.4% higher revenues, with 78.8% beating EPS estimates and 64.4% beating revenue estimates.At present, total fourth-quarter 2023 earnings for the S&P 500 Index are expected to be up 5.1% on 3.4% higher revenues. This would follow ...