Earnings And Coronavirus Impact: 5 Best ETF Charts
Zacks Investment Research | Feb 26, 2020 10:10PM ET
The fourth-quarter reporting cycle has shown steady improvement with earnings growth on track to turn positive and an above-average proportion of companies beating top-line expectations. Earnings for nearly 89% of the S&P 500 Index market capitalization are up 1.1% on 4.6% revenue growth, with 73% beating EPS estimates and 65.7% surpassing top-line expectations, according to the latest Utility ETFs Gain Despite Mixed Q4 Earnings ).
VanEck Vectors Gold Miners ETF (TSXV:GDX)
This fund provides investors with exposure to companies involved in the gold mining industry. Holding 47 stocks in its basket, it has climbed 2.6% in the same time frame. In particular, results of Barrick Gold (GOLD), Agnico Eagle Mines (AEM) and Kinross Gold (KGC) have been solid, while others like Newmont Corporation (NEM) beat earnings estimates but missed on revenues. Overall, the Zacks Investment Research
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