MarketWatch
US · 3 mins ago
✦ 78◉ Centre
S&P 500 companies can’t stop talking about higher oil prices. But few say they’ll actually hit profits.
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Quality 78/100
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◉ Centre ✓ Fair headline
S&P 500 companies frequently mention rising oil prices in earnings calls, but only a small number explicitly cite oil as a reason for revising their profit guidance downward, suggesting limited actual impact on bottom lines.
S&P 500 companies can’t stop talking about higher oil prices. But few say they’ll actually hit profits.
Only seven companies cited oil prices as a reason for cutting or not updating their profit outlooks for the year.
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