July 08, 2024 at 09:56PM
A snippet from a Monday report from UBS, analysts at the firm looking for a solid Q2 earnings season:
say that S&P 500 earnings could grow by 7.4%
say that assuming a typical pace of revisions/surprises, growth is likely to finish at 10.5-11.0%
expect EPS to grow 5.0% and 2.0% when measured on an equal weighted basis or if TECH+ stocks are excluded
Up!
This article was written by Eamonn Sheridan at www.forexlive.com.
US stocks – Q2 earnings season about to kick off – UBS looking for solidly higher