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IMHO there is an incentive for wall st to be a bit cautious on their estimates (better to beat, then everyone is happy, vs a miss in which a huge pullback occur
by brokentone 11y ago
IMHO there is an incentive for wall st to be a bit cautious on their estimates (better to beat, then everyone is happy, vs a miss in which a huge pullback occurs and the analysts are questioned). There is not the same incentive on estimize. 9/10 estimize's estimates are slightly higher than the street, which more often than not is correct.