33 days ago • Posted by Martin Boujol

Earnings growth forecasts have never been so wrong

The chart below shows the difference between consensus earnings growth forecast and actual outcome. As we can see, analysts missed the mark by an average of over 25 percentage point last quarter and above 10 percentage points for the three previous quarters, but they were much closer to the truth during the ten years prior. 

Source: FT

Earnings expectations have never been so wrong
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