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via business-standard.comMarkets

Q2 Earnings Preview: Banks, financials to drive strong double-digit growth

FROM THE WIRE · BUSINESS-STANDARD.COM

Jefferies expects companies in its coverage universe, excluding oil and gas, metals and financials, to post 17 per cent year-on-year revenue growth in the quarter.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishJefferies forecasts 17% YoY revenue growth for covered companies excluding oil, metals and financials.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jefferies expects 17% YoY revenue growth in the quarter for its coverage universe.
  2. 02Forecast excludes oil, gas, metals and financials sectors.
  3. 03Banks and financial companies expected to lead Q2 earnings growth.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.