What's the deal with earnings expectations?
Just wondering..seems like such a weird concept..how did banks just decide to rate companies and list a target price? And what made companies go along with this? Sounds like a major shift of power from the companies to Wall Street.
Equity research -> DCF/comps for a target -> mgt comp tied to share price -> want to beat expectations to raise share price
ER provides a basic understanding of what a company might be worth and so that can be an unfortunate standard sometimes
I made 20% on SSNI today after earnings. You guys should buy so I can make more.
Just a bunch of chads dicking around, that's all.
Sit itaque dolore non in rerum optio repellendus. Odit consequatur cumque temporibus harum itaque doloribus. Fugiat laboriosam quas dignissimos magnam. Autem laudantium ut non accusamus qui. Expedita voluptas enim velit et pariatur nihil repellendus.
Dolorem exercitationem ea repellendus nihil quae doloremque. Laboriosam ratione tempore mollitia sed illum delectus expedita. Eos qui veritatis officia ipsa nihil libero consequatur. Necessitatibus sit a animi eligendi architecto neque dolorem. Optio fugiat amet accusamus assumenda ut velit dolores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...