4 Service Firms Poised to Beat Estimates This Earnings Season
Booz Allen Hamilton (BAH) Zacks Investment Research·2024-01-25 00:21
The Zacks Business Services sector has had a strong fourth quarter of 2023, driven by an improving global macroeconomic environment, strong demand for services, improving supply chains and strong digital adoption. However, labor market constraints and contracting economic activity in the manufacturing sector remained headwinds.Per the latest Earnings Trend report, earnings of S&P 500 members of the business services sector that have reported results this season grew 6% year over year on 3.3% revenue growth, ...