But he was dead on in Q2. Well, by his own created post hoc metric that is.
He claimed the earnings beat was just front office junk, cost reductions and accounting. So he came up with some core earnings metric that supposedly matched his prediction. Well, kind of. Even that metric blew away his forecast, so he added in the special charge losses.
In Q3 he will likely have a new metric again, perhaps the number of ice cream sandwitches sold in the company breakroom.