Now that Brexit-related fears have temporarily died down, investors are bracing for another lackluster earnings season ahead, particularly for small caps. According to Jefferies analyst Steven DeSanctis, Q2 will mark the fifth consecutive quarter of falling earnings for small-cap stocks.
Jefferies is forecasting a 3.1 percent drop in small-cap earnings this quarter. To make matters worse, the firm is also calling for a 5.9 percent drop in mid-cap earnings and a 5.4 percent ...
/www.benzinga.com/analyst-ratings/analyst-color/16/07/8183401/jefferies-analysts-talk-brexits-effect-on-earnings-seaso alt=Jefferies Analysts Talk Brexit's Effect On Earnings Season>Full story available on Benzinga.com
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