Active Financials ETF Holds Sector Earnings Leaders

FactSet says the financials sector is projected to deliver 15.1% year-over-year earnings growth in Q1, up from the 14.6% rate expected at the start of the quarter. The T. Rowe Price Financials ETF (TFNS) is positioned around companies expected to drive that earnings growth, making the article a constructive read for the sector but not a major catalyst by itself.

Analysis

FactSet says the financials sector is projected to deliver 15.1% year-over-year earnings growth in Q1, up from the 14.6% rate expected at the start of the quarter. The T. Rowe Price Financials ETF (TFNS) is positioned around companies expected to drive that earnings growth, making the article a constructive read for the sector but not a major catalyst by itself.