Wall Street sets bar for Yahoo's second quarter very low
During Yahoo's second-quarter earnings call today, Wall Street wants the company to report revenue growing 11 percent to $1.37 billion and about $140 million in profits. Those are low expectations, but after disappointments from Google, Microsoft and Apple, nobody expects much from a company that's been slapped around by shareholders, abused by competitors and deserted by its employees. Here's the thing about ultralow expectations on Wall Street, though: Everybody expects you to surpass them. Like the kid in this video, Yahoo must clear a higher bar than it thinks.