The quarterly results beat the expectations of most market watchers.

It's important to both Secretary Baker and me that we not raise expectations here. We know that whatever we do will be difficult. We really do not yet know how difficult this task will be.

Our high expectations were not met.

Expectations for the brokers have turned somewhat more negative. We're not terribly excited about the near-term prospects for a lot of these stocks.

I don't think this is a material change, but anyone following consensus forecasts would have already known Carter's expectations were on the high side.

We were picked first, and Will reflected those expectations. So I was surprised he didn't win Coach of the Year.