Business

BTG Pactual estimates a 34% drop in corporate earnings in 2020

BTG Pactual projects a 34% drop in the profit of Brazilian companies in 2020, compared to the previous forecast, released in October, of 20% growth. For 2021, the expectation is for an expansion of 57%. The estimate does not consider Petrobras and Vale.

Source: Valor Investe

Categories: Business