no sugarcoating this has been disastrous earnings season

Discussion in 'Wall St. News' started by john12, Jul 20, 2007.

  1. empee

    empee

    what most interesting is that companies cant deploy their capital. Thats why they're buying stock, because its the best alternative. Interesting what it says about the economy. (Ie they can't beat the return by buying their own shares versus actually production.)
     
    #11     Jul 20, 2007
  2. yeah thats the worst part of it all..
     
    #12     Jul 20, 2007
  3. Not even sure if the overall earnings season - which barely started - was really that bad compared to consensus earnings expectations. Anybody have a link with the percentage of SP500 companies reporting so far (probably only a fraction) with an average how these fared against estimates so far?
     
    #13     Jul 20, 2007