The Dollars and Sense of Corporate Earnings Season

The video discusses the biases of stock analysts and how they set expectations to allow companies to beat estimates. It highlights the tendency of analysts to lowball estimates and the role of the buy side in having a more accurate analysis. The video also covers the current earnings season, noting that while earnings often beat estimates, revenue growth is lacking due to financial engineering. It emphasizes the impact of the dollar and holiday spending on earnings, and the importance of initial guidance for 2015.

What is the general bias of analysts towards stock estimates?

How do analysts typically set expectations for companies?

What factors are affecting revenue growth according to the discussion?

What are the three key areas of focus for the upcoming earnings season?

What expectations does the street have for earnings and revenue growth in 2015?