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There was the whole era of “the whisper number” where analysts would publish one estimate and then feed journalists and certain customers another number. I spec
by JackFr 7y ago
There was the whole era of “the whisper number” where analysts would publish one estimate and then feed journalists and certain customers another number. I specifically remember an analyst on CNBC literally say that he expected earnings on a company to come in ahead of his own estimate. Honestly, why is that number not your estimate then?
- _sword 7y agoWhisper numbers are still totally around, but as buy-side expectations in my experience. I'd often field calls around earnings from investors who were trying to understand what everyone else was expecting from earnings results. There would then be further debates about what numbers would be good enough, or what long-only investors were expecting vs. hedge funds.