Publish date:

This Is Why Crashing Oil Prices Could Throw Cold Water on Second Quarter Earnings Season

Oil prices are crashing and entered bear market territory, which could have worrisome impacts on second quarter earnings.
Author:

Oil prices are crashing and entered bear market territory, which could have worrisome impacts on second quarter earnings.

Positive year-over-year comparables for companies in the energy sector could be overshadowed by lackluster guidance about earnings going forward. 

That's the assessment from Eric Wiegand, a senior portfolio manager at U.S. Bank. 

TheStreet Recommends

More from TheStreet: