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Another guess. . .which I hate on principle. . .if their quarterly profits, even if great, have been below analysts' expectations, Wall Street will urge them to
by RougeFemme 13y ago
Another guess. . .which I hate on principle. . .if their quarterly profits, even if great, have been below analysts' expectations, Wall Street will urge them to cut costs. . .and they will.
- mseebach 13y agoThe stock dived 10% on the announcement. If this was Wall Street "urging" them, the stock would have risen. When the stock dives, it's because the market thinks the company management knows something the market doesn't.
- Swannie 13y agoAnalyst expectations is the biggest nonsense. Corps the size of Cisco carefully manage analyst expectations. They have dedicated analyst calls, "we think you're a little off on your predictions, maybe 5% too low"... the aim is to exceed analyst expectations by the tiniest margin.