Watch IYG Ahead of Visa (V) / Mastercard (MA) Earnings
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Price: $367.98 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +12.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +12.9%
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Visa (NYSE: V) and Mastercard (NYSE: MA) will both be reporting earnings on Wednesday, so IYG, the Dow Jones U.S. Financial Services Index Fund (NYSE: IYG), is worth watching.
Visa has a 4.36% weighting and Mastercard has a 3.14% weighting in IYG.
Analysts at Jefferies equity research think both companies will print a strong first quarter, but any surprises from these companies could move the financial services sector.
Volumes in IYG can be thin at times, so invest accordingly.
Visa has a 4.36% weighting and Mastercard has a 3.14% weighting in IYG.
Analysts at Jefferies equity research think both companies will print a strong first quarter, but any surprises from these companies could move the financial services sector.
Volumes in IYG can be thin at times, so invest accordingly.
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