Q2 earnings results raise red flags for coming quarters: While 68% of companies posted earnings...

|By:, SA News Editor

Q2 earnings results raise red flags for coming quarters: While 68% of companies posted earnings beats, just 41% surpassed revenue expectations - including a 70% miss rate in the materials, industrials and utilities sectors. Q3 EPS estimates now show a 1.8% Y/Y decline, which would be the first quarter of negative growth in three years.