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Incorrect. It's not company (in this case, Google) that forecasts its own earnings/share. It's equity analysts from investment banks and the like.
by nandemo 13y ago
Incorrect. It's not company (in this case, Google) that forecasts its own earnings/share. It's equity analysts from investment banks and the like.
- mbesto 13y agoAnd how do you suppose those analysts get their information?
- nostrademons 13y agoIn Google's case, they make up numbers based on any publicly-available estimates of Google's business drivers they can find - traffic, CPC, etc. Google doesn't provide earnings guidance.