Wall St analysts lower expectations for future growth

Zero Hedge Watch

Wall St analysts lower expectations for future growth. Analysts expect Q2 revenue growth to be a weak 1.1%. This is lowest prediction since analysts starting releasing expectations last year when Q2 revenue was expected to be close to 4%. For the second half of the year, analysts now expect sales growth to be about 3%. For profit margins to expand, this should be closer to 4% or higher. Investors hoping for higher corporate profits will need to wait until at least 2014, according to these new predictions. (VIEW LINK)

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