13 Best & Worst Broker-Dealers: Q3 Earnings, 2019
Trends uncovered earlier this year continue in the latest quarter -- with a few notable exceptions.
November 25, 2019 at 03:31 PM
1 minute read
Broker Dealers
The original version of this story was published on Law.com
Earnings of S&P 500 companies fell -2.2%, the third straight quarter for a year-over-year decline, according to FactSet. Still, 75% of S&P firms posted earnings surprises, and 60% reported revenue surprises. A big majority of those in financial services, 80%, had sales that topped estimates; the upside was about 3% over anticipated results.
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