Why Corporate Profits May Be Weaker Than They Seem

Government data shows profits were weak in the first quarter and would have been down without the tax cut

By

Justin Lahart

Updated May 30, 2018 2:32 p.m. ET

According to companies, profits were great in the first quarter. According to governmenthttps://www.wsj.com/articles/why-corporate-profits-may-be-weaker-than-they-seem-1527701696