10/25/2009 01:12 PM | Via: Huffington Post

Companies Are Gaming The System To Beat Wall Street Expectations

CHICAGO — More than 80 percent of major companies reporting third-quarter results this month have beaten Wall Street expectations. So is business that good? No. Are companies gaming the system? Yes. Corporate America has a habit of low-balling the earnings... read the full story

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Read more news about: America, Apple Inc., Wall Street, Chicago, Zacks Investment Research


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What we found in this article:

America [...] companies gaming the system? Yes. Corporate America has a habit of low-balling the earnings [...]

Apple Inc. [...] about managing expectations than others. Apple Inc. is notorious for lowballing its outlooks. The [...] on earnings day since the first quarter of 2001. Apple declined to comment on the trend. Then [...]

Wall Street [...] third-quarter results this month have beaten Wall Street expectations. So is business that good? No. Are [...] listed on the S&P 500 – have surpassed Wall Street 's consensus estimates. Only 21 percent fell [...]

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