Goldman Sachs Strategists Say US Sales Forecasts for 2025 Are Too High

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Goldman Sachs Strategists Say US Sales Forecasts for 2025 Are Too High
BloombergGoldman Sachs Group IncCorporate America
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(Bloomberg) -- Corporate America’s expectations for sales next year are too high given the outlook for a moderating economy and weaker dollar, according to...

-- Corporate America ’s expectations for sales next year are too high given the outlook for a moderating economy and weaker dollar, according to Goldman Sachs Group Inc . strategists.The team led by David Kostin said it expects S&P 500 sales to rise by 4% in 2025 compared with 6% this year, as the median stock outside the energy sector is more sensitive to the economy and less international-facing.

S&P 500 companies are on track to post the sharpest increase in quarterly earnings since 2021, data compiled by BI show. At the same time, the share of firms beating sales estimates in the second quarter is the smallest since 2019, raising concerns about the resilience of profit margins. Epinephrine Auto-Injection Market Report 2024-2029: Increasing Demand at Pharma/Retail stores, Customization and Personalization, and Rise of Generic Epinephrine Auto-injectors

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