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I am unsure you can even rely on analyst estimates to determine what investors are expecting from FB/Google when they report earnings soon. Will anyone be surpr
by AznHisoka 7y ago
I am unsure you can even rely on analyst estimates to determine what investors are expecting from FB/Google when they report earnings soon. Will anyone be surprised if FB comes out and say they will experience a 20% decline in revenue in Q2?
- radkapital 7y agoYes, sell side analysts expectations are basically expectations of the big participants in the market unless there is disclosure / news from the company or price action on the stock that can influence the outlook.
- AznHisoka 7y agoThe estimates are just absurdly wrong though. Ask any investor and most will just laugh at those estimates. 99% of estimates for all companies haven’t dramatically been decreased yet. So I would take these estimates with a grain of salt.
- huac 7y agoyeah that's the point of the article.