BNKZ - Big Banks Kick Off Q2 '20 S&P 500 Earnings This Week

It was tempting to ask in the headline whether readers were looking for the “over” or “under” on Q2 ’20 SP 500 earnings this quarter.

My own bias coming into Q2 ’20 given the very low expectations, is that the numbers are “better-than-expected”. We’ll talk about the banks and financials in a second, but this table we compile every week of “SP 500 estimate revisions” higher vs lower, indicates that since the bottom in March ’20, the number of revisions each week has been trending ever-more positive.

Here’s the table:

The data is sourced from

Read more ...