Analysts Are Seeking Guidance From Google

Carl Bialik from WSJ writes "Following last quarter's disappointing earnings, Google's annual analysts' day this Thursday is shaping up as a test of the company's reluctance to provide financial guidance -- and of investors' tolerance of that tight-lipped approach, the Wall Street Journal reports. 'Now, Google watchers expect analysts to bring tough questions on Thursday and to pressure executives for answers that might give analysts greater confidence in their forecasts,' the WSJ reports. 'There's no reason to believe that Google will yield to any such pressures.' However, 'There is one recent sign that the company aims to be more analyst-friendly. Company representatives earlier this month solicited analysts for input on what investors wanted to hear about on Thursday, according to a person familiar with the matter.'"

Comments

The analysts skepticism is warranted...

[Anonymous Coward]

But in the end it's of no consequence. Analysts will no longer be necessary after the free, ad-supported GAnalyst (Beta) debuts next week...

So, who pays these analysts to sit on their ass?

[Anonymous Coward]

Shouldn't they, maybe, do some analysis and work for a change instead of regurgitating whatever dreck the company throws at them?

If they want their questions answered....

[canning]

If they want their questions answered, Google them. It's what i would do.