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"Analyst expectations" in this context means something perhaps different than how it might readily be interpreted. In this context, analysts attempt to estimat
by ISL 5y ago
"Analyst expectations" in this context means something perhaps different than how it might readily be interpreted.
In this context, analysts attempt to estimate what sales will be. If analysts had estimated that Apple probably would report sales 49% greater than last year, but Apple reported 47%, the quoted phrase would appear in financial-news articles.
"Analyst expectations" are not expectations in the sense of a parent's potential expectations of their child, but rather their best guess as to what is going to happen.
- zzbzq 5y agoi don't understand what else it could mean other than 47% is less than the number projected by analysts
- deleted 5y ago[deleted]
- ncallaway 5y agoGoogle provides two definitions for "expectation" (a) a strong belief that something will happen or be the case in the future. (b) a belief that someone will or should achieve something. The first is a descriptive expectation. A statement about what you think _will be_. The second is a prescriptive expectation. A statement about what you think _should be_. I think the person is trying to point out that in this context, "expectation" is a descriptive expectation, rather than a prescriptive one. If you interpreted it as a prescriptive expectation the other meaning of the sentence might be something like "47% is less than the number _desired_ by analysts"
- deleted 5y ago[deleted]