‘Day From Hell’ looms as companies worth $3 trillion to post earnings on Thursday - News Summed Up

‘Day From Hell’ looms as companies worth $3 trillion to post earnings on Thursday


If you think your Thursday looks bad, spare a thought for James Edwardes Jones. Other retail or consumer-goods companies reporting Thursday include French grocer Casino SA, U.K. bookmaker Ladbrokes Coral Group Plc and Paris-based luxury conglomerate Kering.“There has never been a day like that,” Edwardes Jones said. AB InBev last year reported a day later than the rest of its peers. Danone, AB InBev and Diageo all have new heads of investor relations this year, which may have contributed to scheduling changes.It won’t just be a busy day for analysts and baristas. “The sell-side will be going into meltdown.”With so many companies reporting, Edwardes Jones said analysts will just try to spot results that differ from expectations.


Source: Economic Times July 26, 2017 14:03 UTC



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