Corporate profit outlook

Grant Thornton survey finds a record 80% of CFOs expect profit growth with only 46% upbeat on the economy

Grant Thornton's Q3 survey found 80% of CFOs expect net profit growth within 12 months, an 18-quarter high, though only 46% are optimistic about the economy. With a third crediting AI for extra revenue, the AI case for those profits rests mainly on cost savings.