Comment / Market Insight: Ceva & the Big Four – riding the job cuts rumour wave

Wondering what’s coming ahead of an earnings season that, for all of us asset-light transport and logistics addicts, frantically opens on Monday with Kuehne + Nagel’s first-quarter (Q1) trading update?

Everybody is projecting to Q2 ’20 results and we are already mid-way through. It looks like being a terrible second quarter with many rumoured job cuts. The latest concern furloughed employees and likely upcoming corporate casualties are high on the agenda, decidedly more relevant than any trailing financials.

(*Consensus in my marketplace ...