FILE PHOTO: Four thousand U.S. dollars are counted out by a banker at a bank in WestminsterMore
By Noel Randewich
(Reuters) – As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how companies are weathering the coronavirus outbreak, including the strength of their balance sheets.
Reports from major corporations including International Business Machines <IBM.N>, Coca-Cola <KO.N> and Union Pacific <UNP.N> will reflect the initial effects of the crisis in the United States, and investors will pay close attention to their liquidity and ability to weather a steep economic downturn caused by the COVID-19 pandemic.
With little clarity on when the U.S. economy will reopen, companies of all sizes have been bracing for months of limited revenues.
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