Chuck Hill
Chuck Hill
earnings growth percent track
We still think we are on track to see earnings growth of 23 percent for the quarter.
belt downward far misplaced seat sort
We have to see how far downward revisions go. You better fasten your seat belt as we go through that...What's been going on, is there was a sort of misplaced euphoria.
earnings growth heading market stock
We really thought growth would taper off heading into 2000 and it hasn't. It isn't going to be earnings that prick the stock market bubble.
brings good people somewhat
We'll probably get somewhat of an overreaction to the pre-announcements but that will be good because it brings people back to reality.
beginning bit confession disturbing early expect higher negative normal normally number running somewhat
Well, it's still the beginning of the so-called confession season, but it is a little disturbing in that we're running somewhat higher than the normal number of pre-announcements that we would expect this early. And we're running a little bit more negative than we normally do at this early stage.
extremely good
You are going to have extremely good results.
bounce business looking numbers
Utilities are pretty much business as usual. In the aggregate, we see the numbers bounce around some, but this will change. We're still looking at better-than-normal performance.
beat excited gets market
We know the market always gets excited when we beat the numbers.
forecast growth march minus percent technology
We forecast technology as a whole for 11 percent growth as of Jan. 2. As of March 20, it's at minus 7 percent.
bit despite earnings fourth good growth highest less match negative peak percent pessimism quarter running seen since time
Overall, the quarter is going to be excellent. We think it will match the 23.6 percent earnings growth for the first quarter, which was the highest we'd seen since back in the fourth quarter of 1993. It's going to be a very good quarter for earnings despite all the pessimism here during the peak time of pre-announcements. But pre-announcements are running a little bit less negative than they usually do so I think it's a bit of an over-reaction.
negative quarter record terms
We still are going to suffer. We are well on our way to a record quarter in terms of negative preannouncements.
critical less negative question
The critical question isn't are we having a lot of negative pre-announcements, but are we having more or less than normal.
earnings growth revenue slowing
The story on slowing earnings growth and revenue growth is not over.
deviation expected percent quarter
Any deviation from that 15 percent for the quarter is expected to be lower, not higher.