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Vinstfall is expected to characterize the rapportsäsongen in the united states

Delta Air Lines, the USA's second largest airline, tasted, as usual, a little ahead of the others. The company beat expectations with a boost to the net profit

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Vinstfall is expected to characterize the rapportsäsongen in the united states

Delta Air Lines, the USA's second largest airline, tasted, as usual, a little ahead of the others. The company beat expectations with a boost to the net profit of 730 million dollars.

But the great mass of the quarterly reports that account for the door is not expected to show the same pattern. The bar is high after last year's tax cuts, which lifted profits in 2018, the year's first quarter by 20 per cent. It is in this quarter you now have to compare themselves with.

a market , which for many companies is characterized by a weakened state of the economy, new duties and higher wage costs. In addition, it is eaten profits up by higher costs for both freight as raw materials.

Analysts on average expect against the background of all this with the profit margins of Wall Street companies will shrink by 1.1 per cent, reports Reuters with reference to the analyst firm Refinitiv. And for börsbjässarna in the S&P 500 index is assumed to be vinstfall of 2.5 per cent compared with the year before, despite the fact that revenues are expected to increase by 4.8 per cent.

Something similar, with falling profits despite försäljningslyft, has not occurred since the third quarter of 2008 when the financial crisis ravaged the worst by the investment bank Lehman Brothers collapse. And last quarter, when the profits on Wall Street fell below a quarter of the year was 2016.

After the Delta's false start following reports from major banks JP Morgan Chase & Co and Wells Fargo & Co on Friday. In these reports, hope the market get signals if there will be any negative effects on the banks of the new softer monetary policy line from the US Federal Reserve.

of higher interest rates and they have been boosted by a tightening of monetary policy line from the Fed since 2015, which, however, seems to have ceased now.

the Next week waiting for reports from other bankjättar on Wall Street, like Goldman Sachs, Bank of America, Citigroup and Morgan Stanley.

Overall, the expected financial sector profits during the quarter shrink by 4 per cent compared with the year before, reports The Wall Street Journal with reference to the research firm Factset.

during the rapportsäsongen adopted the energy companies excel. Their profits are being squeezed by a lower oil price.

at the same time, the stronger dollar hit against the big multinational listed companies on Wall Street. It is about the effects when revenues in other currencies shall be converted into dollars in the accounts. Overall, the estimated negative foreign exchange effects reduced to 2.4 per cent in the first quarter.

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