Stock Market Updates: Earnings Reports Worth Watching Today - Forex News by FX Leaders
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Stock Market Updates: Earnings Reports Worth Watching Today

Posted Tuesday, January 22, 2019 by
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.

Earning Reports

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

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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