Reported 1 day ago
The surge of the US dollar is expected to impact corporate earnings negatively as it may lead to wider dispersion in earnings per share revisions. A stronger dollar adversely affects companies with significant international business, slowing their earnings growth due to unfavorable foreign exchange conversions. Analysts suggest that while this earnings season may see robust performance in sectors like travel and media, consumer goods companies might struggle amidst tariff risks and currency impacts.
Source: YAHOO