Earnings season is upon us once again, and analysts expect the strong economy and the Trump administration’s tax cuts to lead to another batch of knockout quarterly profits.
Per-share earnings at companies in the Standard & Poor’s 500-stock index are forecast to have risen 20.8 percent in the second quarter compared with a year earlier. That would be the second straight quarter of 20-percent-plus jumps, something that hasn’t happened since late 2010.