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Stock impact report

ING (ING) Surges 8.6%: Is This an Indication of Further Gains? [Yahoo! Finance]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: Yahoo! Finance
This compares to the stock's 16.4% loss over the past four weeks. The increased investor optimism in the stock can be attributed to President Donald Trump's recent announcement to put a 90-day pause on the reciprocal tariff for most countries. This financial services provider is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of -11.5%. Revenues are expected to be $5.66 billion, down 6.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For ING, the consensus EPS es Read more
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