Bloomberg just raised the estimated earnings for q3 to .727 cents Either accounts are making new bets or someone is pumping it up
If they miss then then said we told you and cover. Sounds unethical ??? Wow i have been in the business for 30 yearrs . Wall street have great people but some are just as bad an evil as they can be lets see soon
The worst of industrial downturn is gone. look around housing is better , car sales are good industrial growth in inching up. so the last down turn and earning in a very low industrial activity should be past history. let us say clf earning should be better than last.
I think everyone on the street believes it will at least beat Q2's 84 cents. If they don't have an impairment charge, they will beat that by 40 cents. When you consider the price of iron ore and met coal is higher and they have shipped more product, earnings should be much higher.