This Is Why Crashing Oil Prices Could Throw Cold Water on Second Quarter Earnings Season
Channel: TheStreet
Date: 21/06/2017

Oil prices are crashing and entered bear market territory, which could have worrisome impacts on second quarter earnings.

Positive year-over-year comparables for companies in the energy sector could be overshadowed by lackluster guidance about earnings going forward. 

That's the assessment from Eric Wiegand, a senior portfolio manager at U.S. Bank.