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

US Says Turkey Still Fails to Meet Conditions for F-35 Sale
Russia Missile Strike Kills 10 Near Kyiv While Romania Downs Drone
Europe Wildfires Force Mass Evacuations As Spain Declares National Emergency (Worthy News In-Depth)
China Detains Christians In House Church Crackdown (Worthy News In-Depth)
Russia Targets Child Evangelism Fellowship As Missionary Faces Trial (Worthy News In-Depth)
Hungary’s Prosecutor General Resigns As Political Turmoil Deepens
Thousands Ascend Temple Mount on Tisha B’Av as Jewish Prayer Fuels Renewed Prophetic Questions (In-Depth)
Alawite Mother And Two Children Killed In Syria, Raising Fresh Fears For Christians and Other Minorities
Missionaries Help Nearly 200 Pregnant Refugees In Jordan Choose Life
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