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Mr. Ford told investors in Boston at one of at least four presentations planned for this week that auto sales so far this month were lagging September levels and that forecasting next year was difficult.
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Many private analysts are even more bullish, forecasting 20-25%.
So is forecasting tomorrow's weather, which will follow predictably from today's.
Analysts had been forecasting 2009 earnings of $3.17 a share.
The challenge of forecasting 2110 is readily illustrated by looking back 100 years ago to 1910.
Binder is forecasting 2006 earnings per share of $4.90 for Lockheed and $5.00 for L-3.
Analysts have been forecasting 2008 earnings of $2.24 a share, says Thomson.
He expects Hot Topic to exceed earnings forecasts next year.
Analysts had forecast 197.1 million euros.
Don't forget the appalling forecast tomorrow.
The panel, in its second forecast since September 11th, has again reduced all its growth forecasts for 2002.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com