Q2 Earnings: Expectations Run High, But Headwinds Are Building
Big banks lead off earnings season, as investors look for clues as to whether the bull run will continue
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- Q2 earnings season takes flight tomorrow when some of the nation’s largest financial institutions are scheduled to release their results.
- The financial industry as a whole is expected to report modest gains in Q2 of 2024, but earnings growth from the banking sector could be more anemic because of continuing challenges in the commercial real estate sector.
- Overall, earnings in the S&P 500 are expected to climb by nearly 9%, compared to the same quarter last year. But to gauge the health of the corporate sector, we should analyze the entire spectrum of American companies—big and small.
As Q2 earnings season approaches, all eyes are tomorow, when some of the nation’s most prominent financial institutions are scheduled to unveil their...
