4 ms·
I understand your frustration but you can still miss the consensus from analysts. Analysts are paid to give estimates for future price, earnings, sales and so f
by rockinghigh 8y ago
I understand your frustration but you can still miss the consensus from analysts. Analysts are paid to give estimates for future price, earnings, sales and so forth for the next few quarters.
- r00fus 8y agoYeah, the company was not missing "the estimates" - Wall St. "analysts" guessed wrong. I hate how consensus analysis turns out like a dictat from the high priesthood - you must jump this high even though you forecasted something completely different.
- ajmurmann 8y agoOn the other hand they published predictions earlier that way shortly too high. In that case those false expectations boosted the stock. So maybe it evens out?
- r00fus 8y agoGuess who has those "estimates" and slip them to their investors before anyone else? The problem is one of informational asymmetry to reward the connected/wealthy.
- loeg 8y agoEven if companies publish their own guidance, Wall St. analyst consensus does not necessarily match, and you can miss on those expectations you did not set anyway.