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US stocks – Q2 earnings season about to kick off – UBS looking for solidly higher

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.

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