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Anglo has performed in line with the pack year to date but has had the worst earnings momentum alongside bid target Xstrata.
I don't know about ever, but you could make a case this is the worst earnings year since World War II at least, if you look at the length and breadth of the downturn.
With one of the worst earnings seasons in recent years almost a memory, there was also a sense that the bad news is out and that corporate profits can only improve.
Analysts expect one of the sector's worst earnings seasons in years.
A lot of that bad news, however, is attributable to the fumbling financials, which are expecting the worst earnings decline rate of any sector at -49%.
Similar(55)
Analysts said investors have two main reasons to hope the market will perk up soon: First, they think, the worst earnings-related damage is over; second, the Federal Reserve is expected to help out profits and the economy by cutting interest rates, as it did last week, when it meets Jan . 30-31
Last month, the world's biggest iron ore miner, Vale of Brazil, reported its worst quarterly earnings in two years.
Honeywell International "will emerge from the downturn stronger; [it is] attractively valued with worst case earnings scenario largely priced in".
After all, Earth's top restaurant chain said Friday that profit for the three-month period fell 14%–the company's worst quarterly earnings drop since 2002.
Operating expenses surged 137%, contributing to the AoT's worst quarterly earnings report since it was listed on the Stock Exchange of Thailand.
Maybe it was that any actual earnings news looks good after company analysts have forecast the worst profits growth in seven years for the first quarter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com