Stock Market Updates: Earnings Reports Worth Watching Today
Arslan Butt • 1 min read
The global stock markets are on the verge of a bearish trend as a slowdown in global economies and recent projections from IMF are affecting corporate sales adversely.
Global stock market outlook turned bearish after the International Monetary Fund (IMF) released its global growth forecast. IMF cautioned that global economic momentum witnessed in recent years is slowing down.
The IMF now forecasts a 3.5% growth rate worldwide for 2019 and 3.6% for 2020. Those are 0.2 and 0.1 percentage points, respectively below its last forecasts in October.
Company EPS Forecast Forecast Market Cap
Capital One Financial (COF) 2.41 7.1B 40.25B
Fifth Third (FITB) 0.64 1.66B 17.70B
Halliburton (HAL) 0.37 5.87B 28.25B
IBM (IBM) 4.83 21.75B 112.53B
J&J (JNJ) 1.95 20.2B 350.51B