Read the full article on MarketWatch.
Excerpt:
With the second-quarter earnings season fast approaching, chief executives are the least confident in the future they have been since the start of the COVID-19 pandemic, based on this metric.
The LERI, or Late Earnings Report Index, devised by market data company Wall Street Horizon, is currently sitting at its highest level since the fourth quarter of 2020, the first year of the pandemic.
The LERI tracks outlier earnings date changes among companies with a market cap of at least $250 million. The index has a baseline of 100; anything above that signals greater uncertainty about the future, while a reading below suggests greater visibility.
Related Content
-
_thumb.png)
The Final Peak Week of the Q1 Season Begins Just As Earnings Hit Their Stride
-
_thumb.png)
Solar Stocks, Berkshire, and the latest Costco Craze
-
_thumb.png)
Big Tech Earnings Beats Stymie Q2 Sell-Off
-
_thumb.png)
Volatility Watch: Eyeing a Pair of Blue Chips with Unusual Earnings Dates in the Heart of the Reporting Season
-
_thumb.png)
The Magnificent 7 Get Set to Report Amidst an S&P 500 Losing Streak
-
_thumb.png)
CEO Uncertainty Spikes After Improving Last Quarter
-
_thumb.png)
Earnings Season Heats Up, Spotting Two Unusual Reporting Dates in the Consumer Space
-
CNBC: Brace Yourself for Short-Term Volatility
-
Cheddar: It's Not Just You: The ‘Vibes Are a Little Off’ in This Economy
-
Data Minds - Triple Threat: Leveraging Data to Manage AI, ESG, and ETF Risks | April 11, 2024 [Recording Available]
