Last year’s results were N. This year’s results were anticipated to be N-1, but turned out to be N as well. N is OK, but N+1 would be better. Even so, things turned out better than expected. Especially when, if you count the one-time windfalls, the results are N+87.
Why is this considered disappointing? Bah, humbug. Wall Street is dumb.
Secretly Ironic 