Zacks Earnings Trends Highlights: Dow, LyondellBasell and Methanex
Zacks Director of Research Sheraz Mian reports that Q2 earnings for the S&P 500 are projected to increase by 21.8% year-over-year, driven by strong growth in sectors like Energy, Basic Materials, and Tech. The article highlights positive earnings estimate revisions for "Dow," "LyondellBasell Industries," and "Methanex," largely influenced by the Iran war impacting the Energy and Chemicals industries. While overall earnings remain robust, some sectors, including Transportation and Consumer Discretionary, face renewed pressure on estimates.
https://www.tradingview.com/news/zacks:606687b4f094b:0-zacks-earnings-trends-highlights-dow-lyondellbasell-and-methanex/