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

Christians Hope Hamas-Free Gaza Could Open Door for Gospel as $1 Billion Recovery Plan Takes Shape
Ukraine Downs Five Russian Ballistic Missiles as Kyiv Pushes European Defense Shield
Cuba Plunged Into Darkness Again as Church Endures Communist Pressure
High Court Freezes Law Shielding Haredi Draft Evaders From Arrest
Supreme Court Justices Warn Threats Are Closing In, Seek Major Security Increase
Senate Democrats Block $1.15 Trillion Defense Bill Amid Iran War Dispute
GOP Leaders Launch ‘Reconciliation 3.0’ After Secret Camp David Strategy Meeting
Hope Fades For Missing After Alcatraz Boat Disaster (Worthy News In-Depth) (VIDEO)
IDF Kills Hamas Terrorist Linked to Abduction of Israeli Commander’s Body
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