Reported about 2 months ago
Goldman Sachs strategists caution that the sales forecasts for U.S. corporations in 2025 are too optimistic, predicting a 4% rise in S&P 500 sales as the economy slows and the dollar weakens. They contrast this with analysts’ expectations of a 5.8% revenue increase and express concerns over profit margin sustainability, highlighting that while margins may expand, they won't meet analysts' expectations.
Source: YAHOO