BUZZ-Q1 dollar weakness suggests US companies may beat sales forecasts

** Revenue growth reported by U.S. companies for Q1 shouldbenefit from a weaker trade-weighted U.S. dollar ,according to Goldman Sachs analysts
** The dollar in last qtr was 8 pct below its avg in Q1 of2017, they wrote in a note
** "Historically, a weaker U.S. dollar has resulted inabove-average sales beats," they wrote
** Also say, "strong top-line growth is consistent withsolid economic activity in 1Q"
** Street consensus calls for expected rev growth for S&P500 cos of 7.3 pct, with energy, tech and materials expected toshow the biggest yr/yr rev gains, according to Thomson Reutersdata
** That projected rev growth compares with 8.3 pct S&P 500 rev growth in Q4 of 2017
** Also based on TR data, Q1 earnings growth is forecast at18.5 pct, the highest in 7 yrs

Reuters Messaging:caroline.valetkevitch.thomsonreuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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