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Is this as good as it gets for earnings growth? Nearly every name in the S&P 500 has exceeded analysts' expectations again this quarter, with the average beat more than 17%. Are these brilliant numbers just a paper façade? Or do they indicate real strength in the economy? This week, portfolio managers Steve Johnson and Charles Toole discuss how much of the earnings boom is due to the “base effect” and whether record high profit margins are sustainable.
Is this as good as it gets for earnings growth? Nearly every name in the S&P 500 has exceeded analysts' expectations again this quarter, with the average beat more than 17%. Are these brilliant numbers just a paper façade? Or do they indicate real strength in the economy? This week, portfolio managers Steve Johnson and Charles Toole discuss how much of the earnings boom is due to the “base effect” and whether record high profit margins are sustainable.