Earnings in Q4 2020 were stronger than analysts had forecast, increasing 4% during the quarter, despite estimates that indicated a 9% decline.
With a robust fiscal stimulus, we expect earnings to grow almost 30% in 2021. That could be good news for stocks.
Watch this short video for more details.
Remember that your financial advisor can help you navigate through these challenging times. Reach out if you have any questions or concerns about your financial plan.
United Capital Financial Advisers, LLC d/b/a Goldman Sachs Personal Financial Management (“GS PFM”) is a registered investment adviser and an affiliate of Goldman Sachs & Co. LLC and subsidiary of The Goldman Sachs Group, Inc., a worldwide, full-service investment banking, broker-dealer, asset management, and financial services organization.
The information contained herein is intended for informational purposes only, is not a recommendation to buy or sell any securities, and should not be considered investment advice. GS PFM does not provide legal, tax, or accounting advice. Clients should obtain their own independent legal, tax, or accounting advice based on their particular circumstances. Please contact your financial adviser with questions about your specific needs and circumstances.
Information and opinions expressed by individuals other than GS PFM employees do not necessarily reflect the view of GS PFM. Information and opinions expressed in this article are as of the date of this material only and subject to change without notice.
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