Should You Buy Bank ETFs Before Earnings Releases?

It’s time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week. Let’s dig deeper into the likely earnings picture of the big six banking companies that could drive the performance of the sector ahead. For the Finance sector, total Q1 earnings are expected to be up 3.7% on 2.4% higher revenues. This would follow the sector’s 12.4% earnings growth on 8.4% higher revenues in 2023 Q4, per the Earnings Trends issued on Apr 3, 2024.According to our methodology, a Zacks Ra ...