Thomson Reuters Forecasts Weak Q2 Earnings Guidance

Second-quarter earnings guidance looks gloomy with negative projections outnumbering positives from several sectors, a recent study by Thomson Reuters reveals. Greg Harrison’s Observation For Thomas Reuters Report Greg Harrison in the earnings roundup report for Thomson Reuters observes 93 of the 116 companies belonging to S&P 500 (INDEXSP:INX) category have given negative guidance for their second-quarter earnings performance. Thomson Reuters’ recent report comes on top of earlier reports from various analysts expecting negative results from S&P companies. For instance, CNBC’s Alex Rosenberg reports that their compilation of the data indicates that 81 percent of the guidance given by S&P 500 (INDEXSP:INX)…