Earnings season is here once again. Beginning with a report from Alcoa Inc. (NYSE:AA) after the market closes this afternoon, firm after firm will deliver their performance figures from the fourth quarter of 2012. The overall results will give the market an image of the state of the economy at the end of last year, and will provide a glimpse into what 2013 holds. What are we expecting?
Analysts are not happy with the overall state of the corporate economy. There was a positive trend in earnings in the early part of 2012, but that leveled out in the second quarter and ended in a disappointing third quarter. The following chart shows consensus analyst estimates of...
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