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An Unexpected Earnings Surprise Refers to the Situation Where

Question 69

Multiple Choice

An unexpected earnings surprise refers to the situation where:


A) announced earnings were in line with analysts' favorable earnings expectations.
B) announced earnings were better or worse than the analysts' forecast number.
C) announced earnings were significantly below last year's earnings.
D) the operating and financial leverage caused earnings to accelerate coming out of the trough of a business cycle.

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