Commentary

Earnings growth projections have dropped. Will stocks follow suit?

The equity market may extend gains over the next 12 months despite a weaker profit outlook.

By: Denise Chisholm

Updated: 6/27/2025

Key Takeaways

Denise Chisholm approaches her research by looking at market data through a historian's lens. She believes historical patterns, when considered in the appropriate context, can help investors build conviction about future trends. This month she explores how the stock market may continue to rally over the next 12 months, despite the drop in earnings growth estimates.

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Earnings growth projections have dropped. Will stocks follow suit?

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