By Jesse Felder
Don’t Buy The Greatest Fools’ Theory Of Investment Value
We are now entering earnings season once again. Pre-announcements have been the second-worst seen over the past decade.
— Jesse Felder (@jessefelder) April 1, 2016
This has analysts lowering estimates. In fact, they’ve been lowered so far quarterly earnings now look to fall all the way back to 2009 levels.
— Jesse Felder (@jessefelder) April 2, 2016
For the trailing twelve months earnings are now back to 2011 levels…
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