Investors brace for falling profits as pandemic clouds company reporting season

Investors are bracing for the worst company reporting season in years, with predictions that some profits might collapse as the pandemic smashes the economy. 

Citi Australia head of research Craig Woolford has been grappling with the lack of profit guidance and is predicting that some full year earnings could fall between 15 and 20 percent. 

He's my analysis from RN Breakfast with Fran Kelly