RE:Who lowered the bar?On my TD report it gives an average earnings estimate of $1.30 ($1.17-$1.52). Remember earnings are AFTER interest and taxes. Anything in this range is a positive as it shows the ability to pay off debt as per obligations plus reserve to accelerate payments and/or grow through product acquisitions. Look for slight earnings surprise up and increase in 2016 guidance.
sunshine7 wrote: Found these on WSJ site. Seems the targets were adjusted down by the analysts over the past few months. Is this a set up? NOTE: all in CD
Q4 2015 Estimate Trends
Current: $1.76
1 month ago: $2.10
3 months ago: $1.99
Q1 2016 Estimate Trends
Current: $1.97
1 month ago: $2.22
3 months ago: $2.73