The early Q2 earnings results from the Finance sector have exceeded expectations, with banks and brokers beating consensus estimates and providing positive outlooks. This trend is reassuring for the rest of the earnings season, especially after analysts lowered estimates due to tariffs in April. Tech, Consumer Discretionary, Utilities, and Aerospace sectors saw some positive revisions in estimates.

The negative revisions to Q2 estimates post-Covid have been substantial, setting a low bar for companies to beat. The market will closely monitor company guidance for Q3 and beyond to gauge reactions to the results. The Q2 earnings season is off to a positive start, with some sectors showing encouraging trends and outlooks.

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Read more at Nasdaq: Is the Q2 Earnings Bar Set Too Low?