He wrote in his latest market commentary that the reason for this surprising turn is that
earning expectations are increasing again.
Still, threats to corporate investment cited by executives were numerous, with sales and
earning expectations remaining subdued.
Consensus numbers may not be the most accurate outlook for future
earning expectations since they tend to be "static" in that they represent the situation that existed at the time the reports were prepared.
There are a couple of reasons for this bullish trend in stock market including good dividends, better
earning expectations, and the country's picture look promising for 4-5 per cent GDP growth in Abu Dhabi and 4.
This suggests to us that as
earning expectations are tempered, steel stocks may face further weakness.
Speaking at the NAIOP-sponsored "CEO Perspectives" seminar last week, Glenn Rufrano, CEO of Cushman & Wakefield, and Mitchell Hersh, CEO of Mack-Cali Realty Corporation, agreed over-inflated FFOs (Funds From Operation) and
earning expectations, coupled with a disregard of basic market fundamentals had a major role in the market crash.
Cements stocks remained in the limelight on the back of handsome
earning expectations.
Morrisons was identified as the "least unattractive" investment and the most likely of the three supermarkets to meet consensus
earning expectations next year.
Citigroup also significantly increased its yearly
earning expectations for 2007 to 2009.
California-based Fleetwood Enterprises on Tuesday lowered its
earning expectations for its third quarter ending Jan.
Looking around the Saracens club car park during a training session is an indication of
earning expectations.
Yet, cultural surroundings undermine efforts, too often reinforcing low
earning expectations and high spending.
