Ready. Aim. Miss.
from the more-earnings-surprises-than-you-can-shake-a-stick-at dept
Business 2.0 takes a look at why all these analysts keep getting surprised. Sure, they pumped the market up, and when things turned around, earnings “surprises” quickly followed. However, it’s been a while now and companies are still surprising the analysts. Analysts are blaming companies for not telling them what’s really going on. Others think that analysts are lazy and aren’t doing much real work to figure out what’s really going on. Some folks are also blaming the government, because what’s the point in playing the blame game if you can’t blame the government at some point?