Business | Watch U.S. consumer discretionary stocks for earnings disappointments

Watch U.S. consumer discretionary stocks for earnings disappointments

April 14, 2015 9:00 AM (UTC+8)

 

The optics don’t look good for overall S&P 500 earnings.

S&PYOY

Virtually all the estimated earnings decline, though, is concentrated in the energy sector.

earnings

 

With disappointing retail sales throughout the first quarter, consumer discretionary names–now trading a trailing P/E of 21–are the most exposed to shortfalls.

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