Gauging the Economy in Earnings Season
Over the past week, we've had the chance to assess the impact of recent economic tumult on business operations, revenue, and profit margins as companies reported earnings for the first quarter of 2020.
Earnings reports and financial statements from Uber, Disney, Norwegian Cruise Lines, and others revealed areas of economic damage as well as bright spots of opportunity. Strong balance sheets and access to cash are proving to be very beneficial as companies make plans to survive and thrive.
Read more on this subject here: https://www.wsj.com/articles/wendys-walt-disney-nintendo-stocks-that-defined-the-week-11588978279