The True Story Of Q1 Earnings: Deutsche Admits “Results So Far Are Disappointing; Our 1Q Est. Is At Risk”
by Tyler Durden
ZeroHedge.com
04/25/2016
Confirming once more that what is one analyst’s meat, is another analyst’s non-GAAP poison, this “improvment” was not enough for one of Wall Street’s most cheerful analysts, DB’s David Bianco, who in his Q1 earnings tracker admitted something troubling – the truth: “Results so far are disappointing and our 1Q est. is at risk.” In fact, as DB admits, a sharp bounce in the fishhook chart shown above is now dependent on “big beats at Energy.” Good luck with those.
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