PARIS: Four times a year, investors assess the performance of companies worldwide with a fairly standard toolkit: revenue growth, net income, gross margin, free cash flow, debt – all weighed in comparison to analysts’ predictions and what rivals report.
This earnings season, with the coronavirus pandemic claiming lives and sowing chaos across the globe, those yardsticks are mostly meaningless, leaving the investment community lost in a fog at a time when market volatility has hit historic levels.
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