U.S. companies expected to report worst sales fall in nearly six years


(Worthy News) – U.S. companies are expected to report their worst sales decline in nearly six years when they post second-quarter results, giving investors reason to worry about future profits, Reuters reported.

Companies have managed to drive 2015 earnings by cutting costs, a practice they turned to during the financial crisis. They have also used share buybacks to lift earnings per share.

But it is hard to make a case for sustained earnings growth given forecasts for a second-straight quarter of revenue decline at S&P 500 companies, which begin reporting financial results in earnest this week. [ Source ]

8
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Tony Robbins Tells RFK Jr. Nanotechnology Could Link Human Brains to AI by 2032 (Video)
‘Flat Broke’: DNC Financial Crisis and Leadership Turmoil Alarm Democrats Ahead of Midterms
Trump Says Israel ‘Very Happy’ With Hamas Disarmament Deal, but Netanyahu Signals Deep Reservations
Migrants Flood Spain’s Ceuta Enclave As Death Toll Rises
Senate Again Rejects Resolution Seeking to Halt U.S. War With Iran
Record-Low Danube Threatens Hungary’s Nuclear Power Supply
Trump Says Hamas Has Agreed to Disarm, but Deep Skepticism Remains
Netanyahu Tells Evangelical Leaders: Jews and Christians Are ‘One’ Under Attack
Trump Questions Thune’s Future as Senate GOP Leader Over Stalled Election Bill
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News