Goldman Sachs says S&P 500 earnings per share will plunge 60% this quarter, the biggest decline since 2009

Goldman Sachs says S&P 500 earnings per share will plunge 60% this quarter, the biggest decline since 2009

Business Insider

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· US banking giant Goldman Sachs says it expects S&P 500 earnings per share to drop 60% in the second quarter, the biggest decline since 2009 during the financial crisis.
· "If realized, 2Q 2020 EPS growth would be the weakest since 4Q 2009," the analysts said, noting that EPS fell 65% in that quarter.
· For the full year of...

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