RE:RE:New Bloom Burton analyst report Well said. Over expectation comes BIG disappointment.
at least the company is not promising BS.
donaldspice wrote: The 2016 guidance was a good starting point but I am not sure why so many people were disappointed. The company had to set their sights at a reasonable level otherwise if they miss on any quarters the stock will get skewered. Most people wanted them to promise the moon yesterday in order to make a quick buck but those same people would be complaining 6 months later when the stock drops on an EPS miss. Better to underpromise and over perform guidance than vice versa.