No winter chill in earnings season

Maybe it will be a winter wonderland after all. (Image: Getty)

Tue, 06 Jun 2023

The March round of company earnings provided enough nice surprises to stave off the winter chill of the threatening recession and rising interest rates. Rising costs have only been modestly passed through to customers – who are still reeling from the fastest pace of inflation in decades – and companies that eked out earnings tended to do so by trimming their expenses. Jarden analysts noted the high level of cost pressures among companies and said those are weighing on future earnings outlooks. In saying that, the latest earning...

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