What I meant by saying that "revenues were weaker than the earnings numbers," is not in growth, but in expectations. USRX came in roughly at consensus with earnings. Yet they were slightly below consensus on revenues.
>Analyst "all over Wall Street" were not lowering their numbers.>
Sure, EVERYONE was not lowering their numbers, but many did. Also, keep in mind that a lot of the action is going on behind the scences, and unpublished....Individuals usually don't get wind of this.
For example, I've heard many unofficial "Strong Buy" recommendations from H&Q. A lot of times, the analyst knows something, and will verbally tell the salesforce--yet not publish a report.
Sal Habash |
