Yahoo Finance: Wall Street Horizon LERI (Late Earnings Report Index) Shows Corporate Confidence on the Rise

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Excerpt:


Wall Street Horizon, the leading provider of market-moving global corporate event data, today announced the LERI (Late Earnings Report Index) reading reflected less US corporate confidence for the second consecutive quarter. The proprietary index allows investors and traders to factor in the market intelligence derived from US public companies releasing earnings later than their historical average, which typically signals negative news on the horizon.

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