NEW YORK: Many of the largest US companies are meeting or beating profit expectations, yet doubts are growing over whether they are reporting the high-quality earnings needed to sustain a corporate recovery.
Despite predictions of an impending US economic rebound, revenue growth remains elusive. Concerns that companies are cutting corners to meet forecasts could let more steam out of the recent stock market rally.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
