Typically upbeat company analysts turn a bit gloomy, as their consensus earnings estimates for...

|By:, SA News Editor

Typically upbeat company analysts turn a bit gloomy, as their consensus earnings estimates for S&P 500 firms dip below $100/share for 2011. But gloominess could work in companies' favor: "If you’re already expecting a downturn, it’s not going to be as painful, given the cash balances many of these companies have, as well as the mentality they have."