Stock Analysts, Exterminators, and Realtors To stock market neophytes, it always seems like a massive overreaction when Company ABC or XYZ announces that it’s going to miss its next quarterly estimate by 1¢, and its stock price immediately craters by 10% (or 40%!), lopping millions if not billions off the company’s market cap (valuation). Ahh...Read More
Loss Forecast for Q3 Imagine a company that just reported quarterly sales of $38,000, of which a scant $197 was actual profit. Imagine further that the company went on to forecast that, while sales would continue to grow, its already skimpy quarterly profit would actually flip to a loss the next (current) quarter. You wouldn’t exactly...Read More
“Amazon recorded $35.75 billion in sales in last year’s final three months, up from $29.3 billion in the year-earlier period. Analysts, however, were expecting $36 billion in sales and net income of $754 million, or $1.56 a share. For the year, Amazon reported sales of $107 million, topping the $100 million mark for the first...Read More
$50 Billion(!) Surges & Swoons — in One Stock! The big surprise about this quarter’s earnings surprises? They’re actually a surprise. And how do you know that? By the mammoth moves — both up and down — in the stocks of companies announcing those earnings immediately afterwards. If you’re not keeping score, here’s the roster...Read More
