83 days ago • Posted by Martin Boujol
Percentage of mid and small cap companies with no earnings
The US has the most small- and mid cap companies without earnings with 29%. Europe and EM are more reasonable with 14% and 4% respectively, with 11% for the UK. Note that having no earnings in the beginning is not necessarily a bad sign, but having a third of your small and mid cap without them is still an impressive share.
Source: Bloomberg Finance, FactSet, J.P. Morgan