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60% of S&P 500 companies cite negative impact of labor costs on Q4 earnings calls
While the majority of S&P 500 companies will report earnings results for Q4 2021 over the next few weeks, 4% of the companies in the index (20 companies) have already reported earnings results for the fourth quarter (through January 12). Given expectations for earnings growth of more than 20% for the fourth quarter, have these companies discussed specific factors that had a negative impact on earnings or revenues for the fourth quarter (or are expected to have a negative impact in future quarters) during their earnings conference calls? To answer this question, FactSet searched for specific terms related to a ... (full story)