(Reuters) - Alcoa Inc. , the world's largest aluminum company,
kicks off another earnings season on Monday, and results from
the second quarter could surprise on the upside because of the
weak U.S. dollar.
"The earnings are going to surprise on the high side,
mostly because the dollar has lost ground through the quarter
and the analyst community always underestimates this effect,"
Milton Ezrati, senior economist and market strategist at Lord
Abbett & Co.
Read more at Reuters.com Business News
kicks off another earnings season on Monday, and results from
the second quarter could surprise on the upside because of the
weak U.S. dollar.
"The earnings are going to surprise on the high side,
mostly because the dollar has lost ground through the quarter
and the analyst community always underestimates this effect,"
Milton Ezrati, senior economist and market strategist at Lord
Abbett & Co.
Read more at Reuters.com Business News
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