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FLO, if my mind serves right. The consensus Q1 earning growth is +5% back in last December. The reality is -18%. Please tell me what is the PLUS side of expected earnings.
May 29 11:28 am
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All Comments by User 143167 »Options Trader: GDP-Thursday Outlook [View article]
Analysts expect "normal" earning growth, then slash forecast like crazy in the last two weeks before an earning report, and finally tell you it beats his forecast so it is still a BUY rating. These expect earnings, I mean for the whole year 2008, is a joke if you spend 5 minutes to think through it.