US companies are pressured by expensive dollars – Swedish newspaper Svenska Dagbladet

US companies are pressured by expensive dollars – Swedish newspaper Svenska Dagbladet

Vins Forecasts for the 500 largest companies have been reduced by nearly six percent.

– Expectation in general is that we will see negative effects for the American companies of the strong dollar. It was seen already in the third quarter and now estimates crept down further before the reporting period, says Handelsbanken’s equity analyst Jan Dworsky.

According to the rating company Standard & amp; Poor’s compilation has earnings estimates for the 500 largest US companies revised down by 5.7 percent. The worst expected profit falls to be in the energy sector, down 25 percent. Behind the landslide is understood the crude oil prices which then somrats more than halved. At least affected by S & amp; P Capital IQ healthcare sector and the IT sector. Profit Falls here is estimated at just under two percent.

– The expectations have crept down before the reporting season. There will still profit growth, but slowing earnings growth, says Jan Dworsky.

First is aluminum producer Alcoa, which reports on Monday. During the week, then a number of heavy Annual reports, such as American Express and Bank of America.