A Sampling of Trends to Watch This Week
The bulk of earnings season has come and gone. Analysts’ worst fears did not come to fruition, much to the stock market bulls’ delight. There are still companies to report, but the most recent quarter appears to have featured the best beat rate for stocks since the Global Financial Crisis.
Canadian Securities Administrators (CSA) has been easing filing due dates for earnings reports this year. Therefore, we could see a particular spike in Canadian firms not reporting during their usual period. The relief measure provides a 60-day extension for periodic filings normally made from June 2, 2020 to September 30, 2020.