1072 days ago • Posted by Jasper Lawler
Do the assumptions behind the big bounce in EPS Estimates / Profit margins hold water ?
Key to Wall Street’s great EPS expectations are assumptions of profit margins returning to pre-Covid highs. h/t @LizAnnSonders Highly unlikely due to rising costs throughout the supply chain. Not to mention inevitable tax hikes.
Source: Crescatkevin / Crescat Capital