how many can beat, and how many only meet and how many fall short.
prediction: 35% beat
take your best guess, but if these #'s are a reflection of a record market , there's going to be a lot of red.
It's been the same song and dance the past four years: expectations are lowered so companies can intentionally beat and stocks can go up.... when you start seeing analysts raising estimates in droves, perhaps then it is time for a crash.
THEY WILL always beat because analysts bring down their expectations below what they really believe they are so stocks will go up because they beat the analysts lowered expectations. On another subject has anyone looked at the zerohedge article on lowered gasoline and petroleum product usage? Comments appreciated.