U.S. job cuts over Jan-Feb hit highest since 2009 - report

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Earnings season reveals 'cracks in corporate fundamentals,' cautions JPMorgan

March 9, 2023 8:08 AM EST

While the earnings season was not as bad as first feared, it showed cracks in corporate fundamentals, according to JPMorgan analyst Dubravko Lakos-Bujas on Thursday.

"EPS revisions continued to move to the downside with 2023 EPS revised down by ~$8 YTD to ~$222," the analyst wrote in a note to... More