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Treasured Social Butterfly
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Re: Wall Street Earnings: Negative 3rd Quarter Warning

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@CriticalThinking wrote:
  • With earnings season looming, 77% of companies issuing pre-announcements say their profit picture will be worse than Wall Street is expecting.
  • That’s the second-worst quarter on record going back to 2006, according to FactSet.
  • Two tariff-sensitive sectors, tech and health care, have seen the highest amounts of negative announcements.

https://www.cnbc.com/2019/07/01/companies-are-warning-that-earnings-results-are-going-to-be-brutal.h...

The economy is one sector that could  derail Trump let's see where all of this go.


 

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Trusted Social Butterfly
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Wall Street Earnings: Negative 3rd Quarter Warning

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  • With earnings season looming, 77% of companies issuing pre-announcements say their profit picture will be worse than Wall Street is expecting.
  • That’s the second-worst quarter on record going back to 2006, according to FactSet.
  • Two tariff-sensitive sectors, tech and health care, have seen the highest amounts of negative announcements.

https://www.cnbc.com/2019/07/01/companies-are-warning-that-earnings-results-are-going-to-be-brutal.h...

 

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