TSXV:ISD.H - Post by User
Comment by
Mateseon Jul 13, 2015 4:54pm
84 Views
Post# 23919471
RE:Notice the word "projected" in the news?
RE:Notice the word "projected" in the news?Doomfoff.
Wall Street analysts' consensus earnings estimates are used by the market to judge stock performance.
Analysts use forecasting models, management guidance and fundamental information on the company in order to derive an estimate. Market participants rely heavily on earnings estimates to gauge a company's performance when announcing quarterly or annual results. The analysts' earnings estimates are used as a benchmark to measure a firm's performance relative to how experts expected it would do.