Investing.com – Drop in U.S. company earnings seen bottoming out in Q2.
U.S. S&P 500 Q2 earnings forecast to fall 5.2% vs 6.8% drop in Q1.
Turnaround expected after four consecutive quarters of falling earnings.
Alcoa (NYSE:AA) kicks off Q2 earnings season on Monday after the close.
Banks in focus, with JPMorgan’s release due Thursday followed by Citigroup (NYSE:C) Friday.