Volkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warn

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Volkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warn

The analysts flag several key factors that could influence these stocks' performance and impact their earnings reports.

As a result, they anticipate that the company may revise its guidance downward, particularly as its EBIT for the first half of the year only achieved 47% of consensus expectations​. Despite its strong market position, Novartis is grappling with sector-specific challenges, as healthcare equipment and biotechnology have seen mixed performance across Europe in recent months.), are positioned for potential positive surprises. UBS believes that IAG could exceed expectations, driven by a strong first-half EBIT performance, which accounted for 35% of its annual guidance​.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Hedge funds well-positioned to navigate market swings, says UBSHedge funds well-positioned to navigate market swings, says UBS
Source: Investingcom - 🏆 450. / 53 Read more »