Is a Flood of Bad News Better Than a Drip, Drip, Drip?

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Is a Flood of Bad News Better Than a Drip, Drip, Drip?
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Kitchen-sink-style earnings calls—where a load of bad news is bundled together rather than dripped out over time—often leave investors in a tight spot

CVS Health Corp. issued a weak profit outlook, Home Depot Inc. forecast lower sales growth, and Morgan Stanleysank into the cellar of America’s major banks during the quarter. The award for biggest doozy, though, goes to Kraft Heinz Co.

The packaged-food giant delivered a triple...
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