Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In the past two years, multinational companies have lost at least $68 billion as a result of currency surprises. In 2013, the average impact to earnings per share (EPS) from currency surprises was US$0.03. Considering that foreign exchange (FX) managers from leading multinationals have management objectives of less than $0.01 EPS impact from balance sheet exposures, an average $0.03 hit to EPS from all exposures is large and material.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.