Goldman Sachs warns about US companies' emerging market exposure as Turkey crisis flares up [CNBC]
Wynn Resorts, Limited (WYNN)
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Source: CNBC
Sheng Jiapeng | China News Service | VCG | Getty Images Chinese President Xi Jinping attends the plenary session during the BRICS Summit at Xiamen International Conference and Exhibition Centre on September 4, 2017 in Xiamen, China. Sales at U.S. companies with significant emerging market exposure posted a notably weak financial quarter, according to Goldman Sachs, amid a growing crisis in Turkey as well as ongoing trade and tariff woes with China. Of Goldman's emerging market stock basket – which includes companies with sales in Brazil, Russia, India and China – only 47 percent of companies in the basket posted positive earnings surprises. The broader S&P 500, meanwhile, posted a stellar season with the fastest earnings per share growth (25 percent) and the highest percentage of positive earnings per share surprises in seven years. Emerging markets fell again Monday as the Turkey crisis strengthened the U.S. dollar and caused investors to
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WYNN
Earnings
- 2/7/24 - Beat
WYNN
Sec Filings
- 3/20/24 - Form ARS
- 3/20/24 - Form DEF
- 3/20/24 - Form DEFA14A
- WYNN's page on the SEC website