Analyst's reaction to earnings will be interesting, but less shaped by reported metrics than by forward guidance and the c/c "spin". I think M-S and Citi gave Wasson a free pass on previously promised results from Duane Reade and "Rewiring".
Where the flu reality and perception of selling off WHI for a modest sum will settle... I surely couldn't guess. The lethargic pre-release action indicates to me that funds and hedgies which are 2/3 of the float are not convinced.