Recent News

Weekly Market Commentary

Second Quarter Earnings Recap:  Good, Not Great | Weekly Market Commentary | September 9, 2024

Second Quarter Earnings Recap: Good, Not Great | Weekly Market Commentary | September 9, 2024

Second quarter numbers were quite good and generally in line with LPL Research’s expectations. In our earnings preview on July 1, we called for double-digit earnings growth and we got it — S&P 500 earnings per share (EPS) grew nearly 12% in the quarter, or over 13% excluding a $9.1 billion write-down of media assets by Warner Brothers Discovery (WBD). Profit margins expanded quarter over quarter by a not insignificant 0.4%, indicating companies did a good job controlling costs.

read more

Global Portfolio Strategy

Client Letter

Blog

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.