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Earnings Season Is Strong (So Far) | Sam Burns
Forward Guidance
Are Analysts Always Catching Up to the Real Reality?
Analysts are always going to be catching up, racing ahead, or they have to slow down and their forecasts are too bullish. They tend to go in trends and act as a herd for a number of months at a time. And then you're always catching up to the actual reality because to make a prediction about the future is you could be wrong. It takes a little while for them to catch up when there's not as much big picture macro swings going on.
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