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Quarterly earnings have cleared a ‘low hurdle’ so far, but investors shouldn’t feel reassured as cuts to 2023 estimates have yet to come through, Barclays says

Stock market investors may not be finding much comfort in quarterly earnings reports so far this season, Barclays said this week, noting that it’s seeing “low quality” beats among companies that have reported results. “Amid persistent macro volatility, early Q3 results have not brought much relief …

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