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Q2 earnings season preview: Flying blind

As Q2 earnings season is about to begin, it would be useful to assess the level of expectations going into reporting season, and the risks ahead. According to FactSet, forward 12-month EPS estimates have been bottoming and begun to turn up after a massive downdraft.


On the surface, this appears to be a constructive backdrop going into earnings season. While I would normally agree, the current environment is anything but "normal", and there are plenty of risks ahead.

The full post can be found here.

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