Negative Earnings Guidance For Q4 Jumps To Record

The Wall Street Journal – January 3, 2014

The number of companies that have issued fourth-quarter earnings guidance below analyst estimates has jumped to its highest level since at least 2006, likely reflecting the uncertainty caused at the tail- end of last year by the government shutdown.

“Negative earnings” puts verbal gloss
On that nasty concept “EXPECTED LOSS.”

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