Savvy Trades and Investments

[nelson1234]

r59, FRD the hedges are hurting comprehensive income now, but it certainly sounds like they will hurt reported income during the next year, right? from Hweb:

"The estimated amount of losses recognized in AOCI at June 30, 2021 expected to be reclassified into net earnings (loss) within the succeeding twelve months is $31,544,060. This amount consists of $8,794,040 in realized losses associated with closed hedges and $22,750,020 associated with open hedges that was computed using the fair value of the cash flow hedges as of June 30, 2021 and is subject to change before actual reclassification from AOCI to net earnings (loss)."