Goldman On Q3 Earnings: “Expect Disappointing Revenue Results And Negative EPS Guidance”
by Tyler Durden
ZeroHedge.com
10/09/2014
To everyone expecting material upside surprise in terms of company earnings, guidance, balance sheet improvement, and/or capital spending, Goldman has one word: don’t: “We expect a disappointing quarter for revenues. Weaker macro data and dollar strengthening increase the likelihood of sales misses. We also anticipate increased negative earnings guidance as companies quantify the FX headwind.”
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