Two are from finance sector.
According to Morgan Stanley, it estimates strong YoY earnings growth for Tenaga Nasional, Bank of Ayudhya and Siam Commercial Bank but weak YoY earnings growth for Vard Holdings, CapitaMall Trust and CapitaCommercial Trust (See Figure).
It also noted that since the beginning of Q2F13 earnings season, MSCI Thailand 2013 Consensus Earnings Estimates have been revised up the most (33 bps), while MSCI Philippines 2013 Consensus Earnings Estimates have been revised down the most (53 bps).
Meanwhile, Health Care sector in Indonesia saw the most upward revision to 2013 Consensus earnings estimates, by 278 bps, whereas Industrials sector in the Philippines witnessed the most downward revision to 2013 consensus earnings estimates, by 140 bps.
Additionally, Bumi Resources 2013 Consensus EPS have been revised up the most (3.1%) since the beginning of this earnings season, whereas Vard Holdings 2013 Consensus EPS have been revised down the most (-8.5%) during this period.
Do you know more about this story? Contact us anonymously through this link.