As lockdowns are extended around the world, and the requirements for opening them up, even to a small degree are emerging, the economic reality is starting to sink in for market participants.
March quarter earnings season, which is likely to be the strangest one ever, kicked off this morning, and while only a handful of companies reported results from JPMorgan Chase (JPM) and Johnson & Johson (JNJ) fared better than feared as they wrestle with the pandemic
JPMorgan Chase & Co's quarterly profit slumped by more than two-thirds as the coronavirus pandemic and record low oil prices forced the largest U.S. bank to boost reserves to protect it from a wave of potential loan defaults.
Wells Fargo, which is set to report first quarter fiscal 2020 earnings results before the opening bell Tuesday, has seen its stock surge 22% just in the past week alone, besting the 10% rise in the S&P 500 index.
JPMorgan Chase, which saw its stock surge 17% in the holiday-shorten week, will report first quarter fiscal 2020 earnings results Tuesday before the opening bell.
I started working in a dealing room in 1984, so have been involved in financial markets for nearly thirty-five years. I have never, however, seen an earnings season quite like that which starts this week.
Following the stock market's sharp rebound last week and news of the temporary oil production to be had at OPEC+, the focus this week, aside from the obvious virus updates, will be the start of the March quarter earnings season
The first quarter earnings season of 2020 is finally here. One way or another, the list of concerns we’ve all had regarding the devastation the coronavirus pandemic has had to both the U.S. and global economy will be known
On Friday we got a glimpse of the anticipated devastation of economic activity the coronavirus pandemic can cause from the March jobs report which by all accounts was abysmal. And that’s putting it mildly.
The following companies are expected to report earnings prior to market open on 04/06/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
Over the several trading days, we've seen an unprecedented number of companies rescind their earnings guidance in response to the coronavirus and efforts across the globe to restrain its spread. We're seeing more of the same today.
The following companies are expected to report earnings prior to market open on 04/06/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
The following companies are expected to report earnings prior to market open on 03/27/2020. Visit our Earnings Calendar for a full list of expected earnings releases.