Any predictions for third-quarter earnings?
Answers
190 points
HoughtonAndAtkeson answered one year ago …
Our initial data on third-quarter earnings shows that results and outlooks should come in below plan.
Capital spending is declining, borrowing costs are rising at an accelerating rate and unemployment is rising. Essentially, the economy will be in a choke hold until after the November election.
307 points
CG answered one year ago …
Generally horrible results are forthcoming.
Those that meet or beat will only do so because the targerts were significantly lowered.
Great time to be shorting/putting brokers and banks ! And restaurants. And retailers. Etc.
904 points
jillybeansisme answered one year ago …
I expect things won't be cherry and the Holiday Season for retailers won't be merry. I suspect that John Q. Public is finally realizing that the belt needs tightening many notches and the bills need paying before the new Big Screen gets bought for the football season. No matter which party wins the election, the taxes will rise and the rhetoric will become a moot point. Neither party will be able to do all that it wants to because there's a Congress, etc. that will stop them in their tracks.
And, like a pendulum swings side to side and eventually settles in the middle, so will our economic woes as we ever so slowly dig our way out . . .
But I do not expect good news.
3963 points
MNSL answered one year ago …
There will be unimpressive results in the third quarter especially in the following sectors through out the world.
Retail
Utility
Banks and other financial institutions including some insurance giants (We never know some large financial players (banks) and insurance giants could become bankrupt (collapse) sooner than later before the sector becomes consolidate)
Airlines and Motor Sector
Some raw materials production companies including commodity oriented companies
Raw material production companies.
However there will impressive results in the fourth quarter and beyond in selected sectors and companies These companies will become the biggest winners in the next 05 years.
Therefore, intelligent investors will adjust their portfolios during September and October to get above average returns in the future
102 points
mnomey answered 5 days ago …
The predictions for the third quarter are that the earnings will be at least $50.00
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