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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (132376)7/9/2008 1:48:28 AM
From: PerspectiveRead Replies (1) of 306849
 
Speaking of good quality earnings, let's check the Alcoa headlines:


• [video] Alcoa Beats Expectations
at Forbes.com (Tue 5:55pm)
• Late Surge As Street Cheers Crude Dip
at Forbes.com (Tue 5:45pm)
Alcoa Profit, Sales Top Forecasts; Shares Jump
at CNBC (Tue 5:39pm)

Analysts expected Alcoa to earn 64 cents a share on sales of $7.358 billion, according to a consensus estimate from Thomson Reuters.


Now the EPS revision history. As recently as 7 days ago, Yahoo says they were expecting 0.69:

finance.yahoo.com
EPS Trends Current Qtr

Current Estimat 0.66
7 Days Ago 0.69
30 Days Ago 0.73
60 Days Ago 0.75
90 Days Ago 0.77

The financial media is such a tool...

`BC
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