Earnings and Guidance:Another mixed bag

by Laura Ehrenberg-Chesler on July 29, 2010

in Earnings,Economic Indicators,Employment

There has been a barrage of earnings reports in the past few weeks.  Most companies have reported better than expected results.  So why the continued trepidation of the market?

While many earnings and revenue numbers have surprised on the upside, some of the forward guidance had been less than stellar.

This cautious/negative guidance is more evidence of the uncertainty faced by companies and individuals.  The lack of certainty regarding government regulation and intervention, coupled with how that is effecting employment leaves companies reluctant to predict how their businesses will fare for the next quarter or the next year.

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