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A weak Q3 reporting season may just be a warmup for a really bad Q4, thanks to the huge gulf...

  • Friday, November 16, 2012, 2:57 PM ET
    A weak Q3 reporting season may just be a warmup for a really bad Q4, thanks to the huge gulf between earnings and revenue beats. Firms with weakening revenue can always hold the line on income for a quarter, maybe two, but at some point the numbers must surely catch up if the sales aren't there.
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    Quite a few companies issued lower guidance, though not all analysts appeared to take that seriously.
    16 Nov 2012, 03:05 PM Reply Like
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