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Who’s setting expectations on Wall Street?

Marketplace

English - October 29, 2019 23:31 - 25 minutes - 11.8 MB - ★★★★★ - 7.7K ratings
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Every earnings season, when companies announce how well a quarter went for them, you’ll see a pretty common headline: whether or not a given company beat or missed Wall Street’s expectations. But what exactly are “expectations,” and who makes them? Plus: The NCAA opens up to athletes making money, and the decline of coal.