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Why is it important to monitor earnings season?
Quarterly results play a crucial role for investors, allowing them to evaluate the financial and operational performance of companies over short periods of time. In addition to offering insights into progress against goals and expectations, quarterly results also highlight risks and challenges that could impact future performance. In short, quarterly results are an essential window for investors to monitor and evaluate the companies they invest in and assess risks.
Results disclosure table for the month of October 2023
What to expect from earnings season?
The earnings season for the third quarter of 2023 will bring challenges for companies focused on the domestic market, which are concerned about the reduction in demand. While commodity producers can benefit from higher prices, such as oil companies . The analyst highlights that the effects of the recent falls in the Selic rate are not yet expected to be fully reflected in companies' balance sheets, with a more significant impact expected from 4Q23. However, the average Selic in 3Q23 remained stable compared to the same period of the previous year.