Gavekal Capital: EPS Estimates Falling Fast as Year-End Approaches
Wednesday, November 27, 2013
EPS Estimates Falling Fast as Year-End Approaches
With just weeks to go before the year wraps up we are surprised by the significant decline we've seen in 2013 EPS estimates since October. It seems analysts are suddenly taking a more sober view on the year's earnings, and the phenomenon is global.