Wall Street

Eight Companies BofA Thinks Can Top Earnings Estimates

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The Street

By Dan Weil Stocks’ immediate moves after earnings reports tend to depend on how the numbers compare with analysts’ expectations. With second-quarter earnings seasons getting started, you might be wondering how companies’ financials will stack up against analysts’ expectations. Stocks often rise or fall depending on how actual earnings compare to expectations. Bank of America strategists have created lists of the S&P 500 stocks most likely to beat analysts’ forecasts and those most likely to lag the forecasts. For the “beats,” BofA strategists screened for companies with buy ratings from BofA …

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