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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: tecmo   😊 😞
Number: of 1024 
Subject: Re: End of an era - profit slowdown
Date: 01/31/2024 2:19 PM
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They're already at ~$3.00 EPS for the last quarter. Multiply that by 4. Achieving only $12 annual EPS implies zero percent QoQ EPS growth over the next 4 quarters. That's way too pessimistic, IMO.

Well, the earnings are in, with a "beat". $2.93 / share - well short of $3.00 which was "way too pessimistic". Next quarter consensus estimate is $2.64, I think they can do better, but getting to $3.00 will be difficult.

tecmo
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