Why this is the kitchen sink quarter for investors.
Kitchen sink quarter. Nyse reopens trading floor after a two month shutdown cnbc. The q1 results for at t were one of the messiest reports in the history of the stock market. Kitchen sinking is the name being given to the strategy used by tesco for the announcement of its worst ever financial results. Most of tuesday s market action was fueled by hopes of a recovery and developments surrounding a possible covid 19 vaccine.
This is a kitchen sink quarter he added. We believe that this could become the classic kitchen sink quarter with accelerated restructuring actions and potentially asset impairment charges on non core assets. May 11 2020. This is a kitchen sink quarter he added.
But what is it and why is it used asks harry low. Most of tuesday s market action was fueled by hopes of a recovery and developments surrounding a possible covid 19 vaccine. Annual fcf expectations remain strong suggesting at t had a kitchen sink quarter. The new york stock exchange partially re opened its trading floor amid strict social distancing guidelines.
Investment banks kitchen sink quarter with expectations already low lehman brothers morgan stanley and others are likely to throw out all the bad news they can find steve rosenbush. This is the kitchen sink quarter for every company out there. Heritage capital president yahoo.