«The earnings confession season is now upon us. The second quarter will end in just a few weeks. Therefore, if you have some dirty laundry to get out, now is the time to do it. The formula for looking good when you actually report earnings is to get the bad news out early. Guide estimates down so low that when you report actual earnings, you can easily beat them. Nobody actually looks at the real numbers, which are reported 45 days later in the 10-Q report to the SEC. »
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