We are in the midst of the “earnings season” and the barrage of company press releases, conference calls, and analyst meets.
Stock market analysts all over the country currently have their noses buried in quarterly statements, hoping to get a sense of company-specific and industry trends.
If their habit hasn’t changed since I left the industry two years back, most of them will be taking up management teams’ time by questions that serve no other purpose than to help them (the analysts) forecast the next quarter’s earnings per share…or EPS.
Old habit die hard. So even I’m trying to get back my focus on my old friend EPS, that continues to act oddly amidst slowdown across industries.