Callouts & quotes from 533+ activist slides

"Now it has clearly taken longer and cost a lot more than either we or UBS expected."

"In fact, Motortech has only exceeded its revenue expectations in 1 out of 6 years."

"BlackRock shareholders expect climate-competent, not climate-conflicted, directors"

"Under realistic assumptions, the Company's spending will outpace its expectations."

"Nearly every reporting segment was expected to grow revenue at a multiple of GDP"

"Cumulative Streaming Losses Have Grown to $11bn and are Expected to Reach ~$15bn"

"XL’s supply chain woes are ones that we’d expect to haunt a third-tier company."

"Pfizer achieves consensus sales expectations less consistently than its peers."

"We expect Fannie and Freddie to continue to reduce loss reserves in the future"

"Why should we expect Hill-Rom's legacy business to accelerate so dramatically?"

"Wall Street research analysts expect Pfizer's revenue to decline through 2030."

"Pfizer achieves consensus sales expectations less consistently than its peers."

"Based on consensus estimates, Box is expected to miss the goal it set in 2019"

"GoDaddy is expected to miss its 2024 revenue target by more than $500 million"

"GoDaddy is expected to miss its 2024 revenue target by more than $500 million"

"We have every reason to expect that Olam’s CapEx binge will end disastrously."

"GoDaddy is expected to miss its 2024 revenue target by more than $500 million"

"STRONG RENTAL GROWTH EXPECTATIONS FOR APARTMENTS, SELF-STORAGE AND WAREHOUSES"

"We expect many other retailers will benefit from the Business Assistance Act"

"Current Consensus expectations assumes flawless execution of 84 new programs"

"The HKMA recently increased its 2011 inflation expectation to 5.5% from 4.5%"

"The $10bn+ Viterra Deal Has Struggled And Wildly Underperformed Expectations"

"DuPont routinely uses non-operating, one-time items to meet EPS expectations"

"Notice CAGR expectations have disappeared from its "High Growth Verticals""

"The Company is expected to generate worst-in-class returns on R&D and M&A."

"The Company is expected to generate worst-in-class returns on R&D and M&A."

"The Company is expected to generate lower returns on R&D already spent."

"We expect capital expenditures to continue in the $315m per year range."

"The Company is expected to generate lower returns on R&D already spent."

"The CRO market is expected to grow ~7% per year from 2022 through 2027"

"The CRO market is expected to grow ~7% per year from 2022 through 2027"

"The CRO market is expected to grow ~7% per year from 2022 through 2027"

"Management incorrectly expected COVID-19 sales to increase after 2023."

"The CRO market is expected to grow ~7% per year from 2022 through 2027"

"Initial 2024 Adj. EPS guidance missed expectations by over $1.00/shr!"

"Box has a history of underachieving relative to investor expectations"

"Initial 2024 Adj. EPS guidance missed expectations by over $1.00/shr!"

"We Expect Hardware to Remain a Material Burden on Samsara Financials"

"Wall Street research analysts' expectations have decreased by 66%!"

"Wall Street research analysts' expectations have decreased by 66%!"

"The Company has missed consensus expectations 8 out of 22 quarters"

"Management expected doses sold to increase every year after 2023"

"Management expected doses sold to increase every year after 2023"

"It did not meet our expectations in the way it was sold to us."

"We question what management means by “originally expected”."

"DigitalGlobe Has Never Met Commercial Revenue Expectations"

"Nkran does not contain the gold AKG and investors expected"

"These bold targets set high expectations on both sides."

"Going forward, CXW expects to be a 38% cash tax payer"

"We continue to expect the athena stock bubble to pop."

"IF YOU CAN'T IMPROVE RESULTS, LOWER EXPECTATIONS?"

"Brand Potential Exceeding Kao Expectation"

"Limited Productivity Expectations"