“Earnings season started Tuesday, when Alcoa announced its quarterly results after the closing bell.
The aluminum giant had revenues that beat expectations while earnings came right in line.
How about the other 499 of the S&P 500 companies?
Bank of America’s equity strategy team, led by Savita Subramanian, identified 12 stocks that they believe will most likely miss consensus forecasts this quarter.
Among other things, these are all sell-rated stocks that missed consensus estimates for either earnings or revenue in the previous quarter.
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