What to Expect This Earnings Season
We head into this earnings season with more uncertainty and a greater likelihood of earnings disappointments and cautious guidance than we have seen during the past few quarters. At the beginning of this week, The Wall Street Journal reported that 42 companies had already announced that their quarterly results would be lower than previously expected. Since then, Dover (DOV), Advanced Micro Devices (AMD), Cummins (CMI) and Applied Materials (AMAT) have been added to the list.
A tough earnings season is a virtual certainty. How the overall market will react and how individual stocks will react is a lot less clear. So far, the results have been mixed but more skewed to a negative stock price reaction....604 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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