can come out before the earnings and revise up the number and move the stock up 40%. But they don't have to come out before the earnings to say they are lowering the F13 earnings?
they didn't LOWER guidance - they SET guidance...big difference !! ie. they SET guidance, so they can beat it...analysts know this, that is why they have higher numbers themselves.
So now that they have set guidance, do you think the company will announce before next earnings if they can meet it? I highly doubt it. But we will find out soon.