January US Pending Home Sales -5.7% m/m vs. +1.0% expected


The index is down from 121.0 a year ago as rising mortgage rates and tighter supply cool the US housing market. This month, sales in the Northeast, Midwest and South all fell significantly while sales in the West rose slightly. Overall, the south remains (by far) the hottest market.

“With inventories at rock bottom, buyers are still struggling to find a home,” said Lawrence Yun, chief economist at NAR.

Along with continued supply constraints, Yun said home hunters face a number of additional market issues, including rising house prices and rising interest rates. Rates jumped almost a full percentage point in January compared to December, which further increased monthly mortgage costs.

“Given the market situation – mortgages, house prices and inventory – it would not be surprising to see a decline in housing demand,” Yun said.

At earnings

Earnings

The profits of a business represent its net profits or benefits resulting from its operation. Profits are the net benefits of operating a company. Profits can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation and amortization. Better performance can lead to stronger stock prices, while bad unexpected earnings can lead to lower stock prices. Using Earnings to Better Inform Investment Decisions Many analysts also use other measures such as earnings per share (EPS) to compare the earnings of multiple companies. EPS is calculated by the remaining earnings for shareholders, divided by the number of shares outstanding. This is a more accurate measure for investors and analysts since each company has a different number of publicly held shares. Merely comparing the existing earnings of companies does not accurately indicate how much money each company has for each of its shares over a specific period. Therefore, EPS is regularly used to make better informed comparisons and forecasts. In the United States, all companies are required to report their quarterly results to the public, which provides information on the state of any publicly traded company. These events are highly watched and important, especially for large companies. In addition, several companies are used as barometers of the state of the overall market or the US economy, which gives these measures even more weight. Ultimately, profits are an integral part of the American economy. stock market and ensure that companies disclose their financial statements in a way that does not leave investors or the public in the dark.

The profits of a business represent its net profits or benefits resulting from its operation. Profits are the net benefits of operating a company. Profits can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation and amortization. Better performance can lead to stronger stock prices, while bad unexpected earnings can lead to lower stock prices. Using Earnings to Better Inform Investment Decisions Many analysts also use other measures such as earnings per share (EPS) to compare the earnings of multiple companies. EPS is calculated by the remaining earnings for shareholders, divided by the number of shares outstanding. This is a more accurate measure for investors and analysts since each company has a different number of publicly held shares. Merely comparing the existing earnings of companies does not accurately indicate how much money each company has for each of its shares over a specific period. Therefore, EPS is regularly used to make better informed comparisons and forecasts. In the United States, all companies are required to report their quarterly results to the public, which provides information on the state of any publicly traded company. These events are highly watched and important, especially for large companies. In addition, several companies are used as barometers of the state of the overall market or the US economy, which gives these measures even more weight. Ultimately, profits are an integral part of the American economy. stock market and ensure that companies disclose their financial statements in a way that does not leave investors or the public in the dark.
Read this term calls, US homebuilders continued to emphasize optimism, but stocks in this sector are down sharply on rising interest rates.


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