The market's next test: Bank of America weighs in on which sectors will crush it this earnings season — and which will flounder

Earnings season kicks off on Monday, and Bank of America Merrill Lynch analysts are projecting which sectors will impress investors and which are most likely to stumble. US banks and brokerages account for many of next week's reports and begin reporting earnings on October 15. BAML analysts expect the insurance, REIT, and utilities industries to post the biggest earnings wins. They anticipate the energy, aerospace/defense, and basic materials sectors to announce the biggest losses.

Earnings season kicks off on Monday, and Bank of America Merrill Lynch analysts are projecting which sectors will impress investors and which are most likely to stumble. US banks and brokerages account for many of next week's reports and begin reporting earnings on October 15. BAML analysts expect the insurance, REIT, and utilities industries to post the biggest earnings wins. They anticipate the energy, aerospace/defense, and basic materials sectors to announce the biggest losses.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the 5 companies Bank of America just added to its quarterly list of top climate-change stock picksThe added companies needed a 'buy' rating from the bank and 'high or medium exposure' to the climate change theme, the BAML note said.
Source: BusinessInsider - 🏆 729. / 51 Read more »