Expectations are exceeding fundamentals
The reporting season is just about here and this will keep investors on tenterhooks with worries that earnings expectations have run ahead of fundamentals.
The reporting season is just about upon us and this will keep investors on tenterhooks because of worries that earnings expectations have run ahead of the fundamentals.
Some experts believe consensus profit estimates for 2010-11 are about 5 to 10 per cent too high and management will be forced to rein them in with their outlook statements.
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