Corporate profits show signs of pressure in Q1; banks shine | Economic Times - Jobs World

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Tuesday, August 2, 2022

Corporate profits show signs of pressure in Q1; banks shine | Economic Times

Corporate profits show signs of pressure in Q1; banks shine https://ift.tt/Wv80zlE Motors saw an EPS estimate cut of 25% last month, while JSW Steel's EPS estimate was slashed by 16%. Wipro, Tech Mahindra, Shree Cement, and Tata Steel, among others, have seen EPS estimates drop by 5-7% in the last four weeks, according to Bloomberg consensus estimates.

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