Earnings are set to slump the most since 2009 as coronavirus batters businesses — and forecasts show the worst is yet to come

7:37am PDT - April 20th, 2020    weather radar - Business Insider

• So far, blended quarterly earnings declined 14.5% in the first quarter with 9% of S&P 500 companies reporting, according to a Friday note from John Butters, a senior earnings analyst at FactSet. 
• If earnings do decline 14.5% this quarter, it…