Earnings season to kick off, eyes on outlook

Earnings season is to kick off this week. (Image: Getty)

Mon, 12 Feb 2024

Bullish outlook statements in the upcoming round of corporate earnings are likely to be rare given the economic backdrop, analysts from Craigs Investment Partners say. “This reporting season is likely to be close to the low point for the real economy with a further six months [to June 24] likely to be weak,” they said. Many companies have been hit by weaker consumer demand in a high interest-rate environment. Companies largely begin to report from next week. Fletcher Building. One of the first cabs off the r...

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