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A profits surge: The current quarter could be the best for corporate earnings growth in over a decade
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Contributor | Tony82 |
Last Edited | Tony82 Dec 03, 2003 03:13pm |
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Category | News |
News Date | Wednesday, December 3, 2003 06:00:00 AM UTC0:0 |
Description | NEW YORK (CNN/Money) - Investors on Wall Street expect nothing but good things from companies in the fourth quarter, but even they may be surprised by how strong results will be.
Hang it on an economy that is running at an incredible clip. Although nobody expects growth to reach anywhere near the third quarter's 8.2 percent pace, economists have been upping estimates for both the current quarter and next year. |
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