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MarketFoolery

Earnings Preview

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 7 July 2015

⏱️ 16 minutes

🧾️ Download transcript

Summary

2nd-quarter earnings season kicks off this week. Ron Gross & Morgan Housel analyze the earnings landscape, the strength of the U.S. dollar and why the energy industry is in for some pain. Plus, we discuss the impending sweet IPO that’s coming from Hostess Brands.

Transcript

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0:00.0

It's Tuesday July 7th. Welcome to Market. I'm Chris Hill joining me in studio today

0:06.2

from Motley Fool 1, Morgan-Housl and for Motley Fool Deep Value, Ron Gross.

0:09.5

This is a heavyweight edition. Holy cow. Thanks for being here.

0:13.4

We got earning season kicking off with Alcoa.

0:18.4

God bless Alcoa.

0:21.4

A lot of pressure for poor Alcoa.

0:24.3

How much pressure do you think?

0:25.6

Quarter in and quarter out.

0:27.0

If you're the head of investor relations for Alcoa,

0:32.0

do you think really that's greater pressure than any other head of I-

0:35.8

I actually do a little bit, but I thought somebody had started reporting before Alcoin so they're really truly not the first they're just the biggest but I

0:43.5

couldn't swear to that. I'm sure there are companies that report before

0:48.1

Alcoa but they don't count like just collectively everyone in the financial media and I guess we're part of that as well to some very small

0:57.0

degree really very small degree yeah it really kicks off when alcohol reports so we we're going to dig into an earnings preview of sorts.

1:05.9

We're also going to talk about an amazing IPO

1:09.3

that is headed our way.

1:10.9

But Morgan, where are we now as we kick off earning season? Keeping in mind

1:17.2

that what's happening in Greece is still happening in Greece, The dollar continues to be strong and I think

1:26.5

among other things if you're looking at this earning season you have to consider

1:30.9

that any company that's doing a substantial amount of business overseas

1:35.3

is probably in for some measure of pain based on the strength of the US dollar.

1:40.0

Yeah definitely and I think this is something I've that you and I have talked a lot about before.

...

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