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Analysts start raising forecasts as their numbers have been beaten by 75%

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July 27, 2009 – Comments (1)

of all companies reporting so far. We are now at the midpoint of earnings for this qtr and the earnings beats is on pace to match 1993 earnings surprise. So what do analysts do now in light of this? They started raising estimates today.

1 Comments – Post Your Own

#1) On July 27, 2009 at 9:13 AM, drgroup (69.03) wrote:

How much of the increased earnings is do to true expansion of sales and not from reduction of work forces? I wonder....

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