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Profit surprises are normalizing — and that may signal a healthier stock market, say Citi strategists

Profit surprises are normalizing — and that may signal a healthier stock market, say Citi strategists
Key Points

Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.

Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters. [Image text:] ONL NEWYORKISTOG St Wall
Citi (ORG)
Originally published by MarketWatch Read original →