Economic outlook: Goldman Sachs finds 4 themes from quarterly earnings - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Quarterly analyst calls revealed a spate of updates on how companies expect the economy to change throughout its recovery.

A select few firms are already transitioning to either hybrid or entirely-remote setups as a way to cut down on office costs and broaden their talent pool, Goldman said. Tech firms are likely to be the first to make major work-from-home shifts, while industrial companies or those reliant on factories may face continued weakness as the virus rages on, the bank added.Many companies are reworking their operations to survive — or even profit from — the virus-slammed economy.

Some firms focused on cost-cutting instead of investment. Airlines retired planes, companies slashed workforces, and frivolous travel expenses were eliminated. The saving activity helped push quarterly earnings above hopes and boost margins more than expected. GoldmanThough several companies doubled-down on their stay-at-home pivots, most expressed concern around the economy's uncertain trajectory. Executives touted mixed opinions on whether a vaccine would arrive on time to quell the virus.

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