1609 ET - The consumer staples sector has recorded the third-largest percent decrease in estimated earnings since the start of the first quarter after the consumer discretionary sector, and the materials sector, according to the latest FactSet earnings insight. About 92% of the S&P 500 companies in the consumer staples sector have seen a decrease in their EPS estimates during this time, with the expected earnings drop for the sector set at 7.6% from a 0.4% decline on Dec. 31. Of those companies, 14 out of 35 have recorded a decline in their EPS estimate of more than 10%, led by Estée Lauder. However, Walmart has been the largest contributor to the decrease in expected earnings for this sector since Dec. 31, according to the report. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 28, 2025 16:10 ET (20:10 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。