20 of 21 S&P 500 Financial Sector Companies Beat Earnings Estimates in Q1
In Q1, 20 out of 21 companies in the S&P 500 Financial Select Sector SPDR ETF (XLF) exceeded earnings estimates, though revenue results were mixed. The XLF declined 10.12% during the quarter, underperforming the broader market.
Topics: Earnings Recap Financial Sector S&P 500 XLF ETF