{"id":28939,"date":"2013-02-18T23:27:41","date_gmt":"2013-02-18T22:27:41","guid":{"rendered":"http:\/\/feedproxy.google.com\/~r\/zerohedge\/feed\/~3\/dgR-n1bi6E0\/story01.htm"},"modified":"2013-02-18T23:27:41","modified_gmt":"2013-02-18T22:27:41","slug":"2013-earnings-just-insert-hockeystick","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/2013-earnings-just-insert-hockeystick\/","title":{"rendered":"2013 Earnings: Just Insert Hockeystick"},"content":{"rendered":"<div>\n<p>We have discussed various incarnations of market-reality separation from underlying-reality but none had quite the unbelievability of the following chart of earnings-growth expectations currently foreseen by the consensus of linear-extrapolaters and hockey-stickers known as the sell-side. <strong>Behold &#8211; hope, defined&#8230;<\/strong><\/p>\n<p>2013 Consensus earnings growth is +27% YoY&#8230;!<\/p>\n<p><a href=\"http:\/\/redirect.viglink.com\/?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2013%2F02%2F20130218_eps.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2013\/02\/20130218_eps.jpg\" width=\"567\" height=\"373\" \/><\/a><\/p>\n<p>all done with 6% YoY top-line growth (which by itself is somewhat incredible given its triple GDP growth expectations for the year)&#8230;<\/p>\n<p><a href=\"http:\/\/redirect.viglink.com\/?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2013%2F02%2F20130218_eps1.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2013\/02\/20130218_eps1.jpg\" width=\"530\" height=\"383\" \/><\/a><\/p>\n<p>and at the same time it appears pretty clear that EBIT Margins have rolled over&#8230;<\/p>\n<p><a href=\"http:\/\/redirect.viglink.com\/?key=11fe087258b6fc0532a5ccfc924805c0&#038;u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2013%2F02%2F20130218_eps2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2013\/02\/20130218_eps2.jpg\" width=\"574\" height=\"498\" \/><\/a><\/p>\n<p>Meanwhile, BTFD.<\/p>\n<p>Charts: Goldman Sachs<\/p>\n<div class=\"fivestar-static-form-item form-item\"><label>Average:<\/label><\/p>\n<p><span class=\"user-rating\">Your rating: <span>None<\/span><\/span> <span class=\"average-rating\">Average: <span>4.5<\/span><\/span> <span class=\"total-votes\">(<span>2<\/span> votes)<\/span><\/p>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have discussed various incarnations of market-reality separation from underlying-reality but none had quite the unbelievability of the following chart of earnings-growth expectations currently foreseen by the consensus of linear-extrapolaters and h&#8230;<\/p>\n","protected":false},"author":1213,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-28939","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/28939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=28939"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/28939\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=28939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=28939"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=28939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}