Thursday, June 18, 2026
Halfway through earnings season, the coronavirus resurgence is overshadowing great results- oil and gas 360

Halfway through earnings season, the coronavirus resurgence is overshadowing great results

CNBC Earnings hopes wilt as fresh Covid outbreak throws 2021 reopening in doubt. That’s the story of earnings season so far. It’s the one word investors didn’t want to hear: lockdown. Never mind it’s mostly in Europe, and only partial. “Lockdown light” still has a bad ring to it. We are now halfway through a spectacular third-quarter earnings season. So far, 85% of companies