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Without it, Google would have narrowly missed earnings expectations, too.
However, Tories tend to have higher earnings expectations.
Hewlett announced recently that it would meet earnings expectations.
3) Our earnings expectations are now in line with consensus.
Wall Street analysts were also lowering their earnings expectations.
As in recent quarters, more companies have beat analysts' earnings expectations than have beat revenue expectations.
Most companies also are exceeding analysts' earnings expectations, as they have done in recent quarters.
Even so, investors are starting to suggest earnings expectations may have been too low.
It missed earnings expectations and lowered its outlook for the year.
"And decelerating revenue momentum does not bode well for lofty earnings expectations in 2011".
Among technology issues, semiconductor stocks fell after analysts said several companies might not meet earnings expectations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com