07 | 05 | 2010
Investors hope for some cheer from earnings
Financial Times
Companies should not have trouble meeting their forecasts, said Steve Hagenbuckle, managing partner at investment company TerraCap Partners, but that was largely because they had been successful in revising expectations to lower levels. “Many set themselves up to overachieve,” Mr Hagenbuckle said. “They should be able to make their numbers through a combination of cost-cutting, living off inventory and efficiency gains.”