Earnings Are Coming in Strong. Why Are Some Investors Antsy About It?

  • Earnings have been strong. Not everyone's happy about it. Nearly three-quarters of S&P 500 companies had turned in first-quarter results through Friday, according to FactSet, which in a note last week said that earnings for the index as a whole are on track—based on a “blended” number that reflects numbers already reported and Wall Street's expectations for those that remain—to rise nearly 13% year-over-year.