Reported profits showed that pain for companies is increasing because of lower profits as reported in Newsmax Finance on February 14, 2023. Where are yours headed Q1, Q2 in 2023?
While profits are important, it takes more than profits to be built to last.
Q4 reported profits were weak and expected to spill over into Q1, Q2 of 2023. It takes more than profits to be built to last. Does your company have everything it takes?
In the article, Credit Suisse “expects worst earnings outside of recession in 24 years.”
Q4 of 2022 – 344 of S&P 500 quarterly earnings, down 2.8% from Q4 2021.
Q1 of 2023 – drop expected year-over-year at 3.7%.
Q2 of 2023 – drop expected year-over-year at 3.1%.
It takes more than profits for your company to be built to last. Will your company last? Is it important to know? Do you have the pieces in place to last 100, 150, 200+ years?
I have a free survey for you to take – do you have 15 to 30 minutes? Request it by emailing me at greg@innovationadvantagellc.com. I will send it to you. Once you complete it, I will review and provide you with a summary.
All the best to be built to last.