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LDEM - Are Forecasts Still Underestimating EPS Recovery Potential?
iShares ESG MSCI EM Leaders ETF
Upgrades to consensus EPS forecasts have continued apace, further cementing expectations for a V-shaped global growth recovery this year and next.
FTSE World estimates for this year have been raised significantly over the past three months (from 15% to 28%), bolstered by upgrades for most regional benchmarks.
Forward EPS revisions across markets have followed a decidedly V-shaped trajectory since their nose-dive last spring.