Earnings Season Shocker: FAAMG Earnings Grew By 2% While EPS For The Other 495 S&P Companies Plunged 38%
August 10, 2020 at 18:46 PM EDT
After expecting a 60% plunge in EPS in Q2, Goldman's David Kostin was delighted to report that S&P 500 EPS declined by "only" 34% year/year, well above both consensus expectations for a -45% decline.
