US Q4 earnings season starts better than Q3 one. Expect good earnings momentum to linger, supporting positive total returns this year.

In Short

The Q4 reporting season has just started. For the US, expectations are for a yearly earnings growth of - 7.8% after -6.5% in Q3: a positive yearly growth will start to be visible from Q1 2021 (+16.7%). After 64 firms reported, results look quite solid vs expectations, both for earnings and sales.
RS_GenAM_MP_0625 | Generali Investments
US Q4 earnings season starts better than Q3 one. Expect good earnings momentum to linger, supporting positive total returns this year.
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