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Letter "C" » Chuck Hill Quotes
«I don't think it's going to have a huge impact on the third quarter. Going forward, if it (euro) stays here, the impact could be much more severe next quarter. It's that way with all the problems we're having with earnings.»
«We were on such a steep upslope last year that it would be hard to maintain that kind of growth this year. But still, we're coming off that strong year and still having these huge gains.»
«I would have expected, even without FD, to see more preannouncements this quarter. Things are worse out there.»
«We still are going to suffer. We are well on our way to a record quarter in terms of negative preannouncements.»
«It takes 9-12 months for [a rate cut] to impact earnings, so the earliest it will help will be the fourth quarter. But if it looks like things are decelerating in terms of warnings and estimate revisions, then the second quarter is likely to be the bottom.»
«We'll probably get somewhat of an overreaction to the pre-announcements but that will be good because it brings people back to reality.»
«Of the 59 percent of the S&P 500 that has reported, earnings are down 18.1 percent. If we add that number to estimates for the rest, we're down 22.2 percent from last year.»
«I think the Q4 results will be terrible. I think comments going forward will be much more positive than they've been in the past.»
«The good news is that the recovery's in sight. The bad news is that there's a lot of uncertainty about what the slope of the recovery's going to look like and worries that it'll be somewhat disappointing.»
«Earnings are bottoming out and will almost certainly turn up in the next quarter.»