3 Resilient Financial Stocks That Can Keep Increasing Earnings
Earnings season is in full swing, and we recently learned that companies have seen their earnings decline. According to data from FactSet, the blended earnings for S&P 500 companies fell 4.9% in the fourth quarter (through Feb. 10). If this holds up, it will mark the first time the index has seen earnings decline year over year since the third quarter of 2020.
Companies have had a lot to deal with, from supply chain issues to geopolitical uncertainty, higher energy costs, rising interest rates, and tight labor markets. Despite these challenges, some companies have displayed resilience and achieved solid earnings growth.
Visa (NYSE: V), Interactive Brokers (NASDAQ: IBKR), and Tradeweb Markets (NASDAQ: TW) all reported earnings growth of 14% or more last year. Here's why they can keep going.
Source Fool.com