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How Companies 'Beat Estimates' in Earnings Season

How Companies 'Beat Estimates' in Earnings Season
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Detailed text transcripts for TV channel - CNN - 20170831:19:19:00

Does governor abbott s estimate sound reasonable that this will exceed $100 billion, and the second question is, we ve received a lot of sanguine reports about coordinations between federal, state, and local agencies. can you give me a sense of one or two challenge areas where that coordination may require some improvement. okay, so on the first question, there s nobody that s wrong on estimates right now. i don t have any information to challenge anyone s estimate, and i don t think that they have any reason to think their estimates are wrong so we re in the estimate game right now and as a result, what we d like to do is not get into second guessing anybody, in particular the governor, who s got the firsthand knowledge of what s happening. but what we d like to do as a strategy is figure out the predictable burn rate for the response operations and puts up a responsible supplemental request to congress. we ll give them a sound supplemental request number. we ll add to it i think ....

100 Billion , 00 Billion , Estimate Game , Supplemental Requeand , Response Operations , Burn Rate ,

Detailed text transcripts for TV channel - FOXNEWS - 20170831:19:19:00

Sound reasonable that it will exceed $100 billion? we received a lot of reports about coordinations between federal, state and local agencies. give me a sense of one or two challenges where the coordination may require improvement. in the first question, there s nobody that is wrong on estimates right now. i don t have any information to challenge anyone s estimate. i don t think that they have a reason to think their estimates are wrong. we re in the estimate game right now. as a result, what we d like to do is not get into second guessing anybody. in particular, the governor who has the first-hand knowledge of what is happening. what we would like to do as a strategy, figure out the burn rate for the response operations and put up a supplemental request to congress to meet the needs quickly. that s the bite at the apple approach. we ll go to congress and give them a sound supplemental request number. we ll add to it. we have some internal numbers ....

100 Billion , 00 Billion , Estimate Game , Response Operations , Burn Rate ,