Warnings on Weak Demand Are Piling Up This Earnings Season
- Earnings management calls are plagued with demand concerns
- Profit warning news trend is at high only halfway into season
Flagship companies have warned about the outlook in numerous sectors, including Meta Platforms.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
More companies are flagging concerns over the looming threat of an economic slowdown this earnings season, striking a cautious tone.
At just over the half-way mark of the reporting period, “weak demand” is among the top trending phrases on earnings calls, according to a Bloomberg analysis of transcripts for the S&P 500 and the Stoxx Europe 600 benchmarks. If the pace of mentions holds for the next few weeks, it would be the most on record, according to data compiled by Bloomberg going back to 2000.