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Downgrades, misses on company earnings pose risk to Asian equities

Reuters 

By Patturaja Murugaboopathy and Gaurav Dogra(Reuters) - After a hugely disappointing outcome for Asian companies' earnings in 2017, analysts are bracing for lower profits this year and expect stock markets will weaken in the coming months to reflect the dimming outlook. Asian stock markets were among the world's best performing last year as a combination of synchronised global growth, low inflation and rising commodity prices spurred the first major upgrade in earnings estimates. Yet, earnings for the year were below analysts' expectations and they are now revising down their forecasts for ...

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First Published: Thu, April 12 2018. 13:14 IST
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