yeah this is the time any company with bad news has to make it public, before earnings season. We'll have a bunch of these.
the good news is that the street isn't expecting much earnings growth this quarter:
@FactSet
·
Sep 10
$SPX is expected to report Y/Y earnings growth of 3.7% for Q3 2022, which would be the lowest growth since Q3 2020 (-5.7%). #earnings, #earningsinsight,