Here’s Why Earnings Revisions Should Worry You More
Tyler Durden, zerohedge.com
In the last year, con­sen­sus EPS for 2012 among those oh-so-smart equi­ty ana­lysts has been crushed from over $113 to under $104 but mul­ti­ple expan­sion has held the index togeth­er on the back of the hopes and dreams of a hock­ey stick recov­…

Here’s Why Earnings Revisions Should Worry You More
Tyler Durden, zerohedge.com

In the last year, con­sen­sus EPS for 2012 among those oh-so-smart equi­ty ana­lysts has been crushed from over $113 to under $104 but mul­ti­ple expan­sion has held the index togeth­er on the back of the hopes and dreams of a hock­ey stick recov­…