Mississauga, ON -- (SBWIRE) -- 08/11/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Route1 Announces Stronger Q2 Results."
Companies mentioned in this article include Route1 Inc. (TSX-Venture:ROI).
Article Excerpt:
Equities are up in trading today, however, concerns over high valuations continue. The S&P 500 continues to trade near record high levels but based on the recent earnings season, current valuations do not look justified.
According to data provider FactSet, for the second quarter of 2016, the blended earnings decline for S&P 500 companies was -3.5%. This was after 86% of the companies had reported their earnings. Looking ahead, the outlook is not promising either. Analysts expect another negative year-over-year earnings growth in the third quarter. That would make it the sixth successive quarter of earnings decline for the S&P 500.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/623/route1-announces-stronger-q2-results.htm
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