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U.S. earnings calls zero in on automation, lose Trump focus

Reuters  |  NEW YORK 

By David RandallNEW YORK (Reuters) - Judging by conference calls from the latest earnings season, U.S. companies and analysts have dropped their preoccupation with Washington and shifted their focus to automation aimed at defending record profit margins. Executives or analysts brought up automation on 48 third-quarter earnings calls, according to a Reuters analysis of transcripts since Oct. 1., compared with just 8 calls mentioning U.S. President Donald Trump. Mentions of Trump on earnings calls have declined for the year, from a high of 126 calls between April and May, while discussions of ...

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First Published: Thu, October 26 2017. 23:57 IST