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Thomson Reuters Forecasts Weak Q2 Earnings Guidance

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Mani
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Second-quarter earnings guidance looks gloomy with negative projections outnumbering positives from several sectors, a recent study by Thomson Reuters reveals.

Thomson Reuters

Greg Harrison's Observation For Thomas Reuters Report

Greg Harrison in the earnings roundup report for Thomson Reuters observes 93 of the 116 companies belonging to S&P 500 (INDEXSP:INX) category have given negative guidance for their second-quarter earnings performance.

Thomson Reuters’ recent report comes on top of earlier reports from various analysts expecting negative results from S&P companies. For instance, CNBC’s Alex Rosenberg reports that their compilation of the data indicates that 81 percent of the...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports