Finance Sector Continues to Shine with Positive Earnings Surprises
Zacks.com
2 hrs ago
On a day when Netflix disappointed analysts and investors alike because of lower-than-expected subscriber adds (both actual and forecast for Q2) finance stocks continued to shine.
Popular Searches
And it wasn’t just the writing back of loan loss reserves either. Companies really did well overall, growing both top and bottom lines, on the back of increasing deposits, higher loan balances, better efficiency and growing net interest income (for the most part). The refinancing of term loans and elevated prepayments did impact a few players however.
Here are 4 stocks that caught my attention-