Companies are lowering forward guidance and announcing miss expectations relative to old guidance, which masks the severity of actual earnings revisions because investors perceive 'beats' when companies are actually performing worse than six months prior.
causalpending
Speaker
Ted OakleyEvidence Quote
“people will think they beat the beat the number when they really didn't if you go back six months from then you know they they didn't beat the number at all um and that's where we are in this stage of things and I think there's more of that to come”
Created: 8/10/2026, 11:14:48 PM
My Notes
Loading notes...