4 Highlights from Earnings Season

From Shell's shock dividend cut to Tesla's Morningstar upgrade, the latest earnings season was full of surprises - not least that Warren Buffett is not buying in the current climate

James Gard 4 May, 2020 | 10:26AM

Warren Buffett

This earnings season has been more closely watched than ever by investors as it revealed how many of the world’s biggest firms fared during the coronavirus outbreak – and crucially, what they expect to happen next.

Many companies are refusing to make forecasts for the rest of the financial year because of uncertainty over when lockdown measures will be lifted and what the economic impact is likely to be. Amazon (AMZN) has said it could either make a $1.5 billion in operating profit this year or a $1.5 billion loss.

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About Author

James Gard  is content editor for Morningstar.co.uk

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