Caroline Simmons, deputy head of UK investment office at UBS Wealth Management, analyses which FTSE companies are on target to meet and miss their Q2 earnings expectations.
As we move deeper into summer, investors who are not yet ready for their holidays will begin to focus on whether listed companies meet, miss or beat consensus expectations. UK earnings season - a period of a few weeks when companies with calendar year-ends report their interim results - hits full swing during the final week of July, when 33 of the FTSE 100 and 39 of the FTSE 250 update the market. Time to focus on the non traditional hunting grounds in UK equities It would be fair to say that earnings season is not followed with the same intensity here as it is in the US. This can ...
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