All eyes on company forecasts rather than earnings this year, experts say - National | Globalnews.ca

So far companies have been relatively quiet when it comes to guidance on earnings, noted Taylor.

Aritzia’s earnings reported Thursday are a good example of the difficulties some companies have been facing with inventory and demand amid geopolitical volatility, Marks said.Story continues below advertisement “We know based on the backward looking data consumer demand has held up fairly well in Q4 of last year, so I would imagine, given that the bar has been lowered heading into the earning season, that results could be decent,” he said.Interest rate hikes depend on ‘fundamental uncertainties’ in year ahead, Bank of Canada governor warns

“I think that the earnings risk is clearly ahead of us,” he said. “I don’t think it’s fully factored in, in the current consensus estimates.”Story continues below advertisement

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North American semiconductor industry will prevent ‘over-reliance’ on Asia: Trudeau - National | Globalnews.caCanada, the U.S. and Mexico agreed this week to boost semiconductor output and investment in the continent to compete with Asia, which has dominated the industry. Thanks for creating jobs for us Justin - Mexico Ever going to report on this? Or just pushing stories that prop up your biggest funder?
Source: GlobalNational - 🏆 81. / 51 Read more »