Passed Pawn
@passedpawn
Even the 2001-02 recession led to a 30% decline in earnings. 2023 estimates are +6%. 🤔 https://i.imgur.com/waOvWQn.jpg
1 reply
0 recast
0 reaction
Giuliano Giacaglia
@giu
It is going to be interesting to see the earnings results for this quarter!
1 reply
0 recast
0 reaction
Passed Pawn
@passedpawn
Agree. Given prior cycles, the worst of the profits recession will probably be next year and this quarter revenues are still flattered by high inflation.
0 reply
0 recast
0 reaction