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Its not actual satire though ... Missing analyst expectations is a massive failure of management, they set the guidance and the expectations for the market; thu
by shapefrog 4y ago
Its not actual satire though ... Missing analyst expectations is a massive failure of management, they set the guidance and the expectations for the market; thus missing it by 2bn is actually a pretty poor performance.
- lowercased 4y agoSay company X issues guidance of $1.34/share Analysts expect $1.40/share. Company X releases earnings of $1.45/share. Things still tank, because... the "real" expectation was 5% over analyst expectations, which was already over guidance.
- deleted 4y ago[deleted]
- petrocrat 4y agoWhy is nobody questioning the analysts methods and models? Are they using DSGE economics models? I'm sure there's plenty of angles of criticism for their tools if one digs a bit.