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Fourth-quarter earnings are shaping up to be the best of 2023, but there's a catch - TL;DR CNBC

Fourth-quarter earnings are shaping up to be the best of 2023, but there's a catch

Publishing timestamp: 2024-02-02 15:06:38


Summary

Corporate profits for the fourth quarter of 2023 have been better than expected, with many companies beating earnings estimates. Sectors such as energy, healthcare, and tech have seen particularly strong results. However, earnings expectations for the future have been lowered, and there is no positive momentum looking forward.


Sentiment: MIXED

Tickers: AAPLXOM.SPXAMZNMETACVXBMYMRK

Keywords: energybristol-myers squibb cometa platforms incexxon mobil corphealth care industryamazon.com incbreaking news: technologychevron corptechnologymerck & co incbusiness newss&p 500 indexearningsbusinessapple inc

Source: https://www.cnbc.com/2024/02/02/fourth-quarter-earnings-shaping-up-to-be-the-best-of-2023.html


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