Bespoke Investment Group - Think BIG - What Happened to Top Line*Weakness?
Bespoke Investment Group - Think BIG - What Happened to Top Line*Weakness? (www.bespokeinvest.com)
by bespokeinvest 12 minutes ago
Yesterday the investment world was up in arms about weak top-line numbers this earnings season. IBM and TXN reported weaker-than-expected sales the prior evening, and market pundits were using those two reports to characterize the entire earnings season trend. We noted how misguided this reasoning was in a post yesterday, and we provided a chart to show that revenue numbers versus expectations this earnings season had actually been much stronge