Nobody Is Saying Anything About How U.S. Earnings Season Will Go
- Record-low number of companies giving financial guidance
- Large banks to kick off first-quarter reporting next week
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Investors seeking hints on first-quarter earnings season are getting little help from companies.
In the past month, only 83 have published profit guidance of any variety, the least at this time of the year since Bloomberg began compiling the data in 1999. The stretch of quietness comes as banks including JPMorgan Chase & Co. and Citigroup Inc. are set to release results next week.