Corrie Driebusch
speaker
416 appearances
8 recordings
1 series
first heard Oct 2018
last heard Oct 2024
Corrie Driebusch’s voice in public audio — every appearance, attributed to the second.
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Appearances
the guidance that a lot of these companies are giving hasn't been that great.
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And analysts have brought down expectations for first quarter earnings so that it looks like there could even be an earnings contraction in the first quarter.
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And investors I've spoken to are looking ahead and saying, you know what, not only could we see an earnings contraction in the first quarter, we could see problems in the second quarter.
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Earnings recession.
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And then suddenly you're in an earnings recession.
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And part of this is it's not that
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Things are so dire in the U.S.
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I mean, remember last year, this time, the comparables, it's so hard to beat because all these companies were coming out with huge boost things to the corporate tax cuts that we saw.
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However, still an earnings recession is an earnings recession.
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And that has spooked some investors.
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Yeah.
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Yeah, some have cited it, although some more skeptical investors and traders say they wonder if it's just being used as an excuse.
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Yes.
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And again, I want to emphasize that it has a lot to do with being difficult to have more growth after this past year's huge numbers.
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So the comps are really tough to beat.
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Thank you so much, Charlie.
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Yes, it's funny.
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A lot of companies in earnings season this quarter have been down.
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Just barely beating, but beating very lowered expectations.
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But the market has been watching for guidance.
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Showing 201–220 of 416 · page 11 of 21
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