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"By the second half of this year we expect to see far fewer positive revisions and far more negative revisions in earnings," he said.
We need to have that potential for revenue growth and margin expansion and positive revisions and surprises.
Sinclair noted that the positive revisions are significant since the Fed was willing to raise rates on lower October and November counts.
"Therefore unless West Texas Intermediate reverts back to $50 a barrel (from $68 currently), we expect to see positive revisions for the energy sector over the next few months," Subramanian said.
The House-approved tax bill contains many positive revisions in the federal tax code, and we strongly support them.
Since then, there have been many positive revisions of both policies with regard to home-visit nursing [ 2, 3].
Similar(52)
The IATAs positive revision spurred near-term bullish options activity on AMR Corp. in early trading.
Nonfarm payrolls added 162,000 jobs in March, and the prior two months saw a combined positive revision of 62,000 jobs.
A positive revision to second-quarter gross domestic product got things going and pushed the major averages to early gains.
The jobs report, which also showed increases in the average workweek, to 34.2 hours, and hourly earnings, up 0.2%, and featured a positive revision to the September and August figures, was the strongest recovery indicator in months, but did little to stir the stock market after Thursday's surge.
Specifically, you want to look for these things in stocks and companies: Positive earnings revisions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com