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jnordwick
3071 days ago
Huh? GE missed eps estimates for 4q2017 ($0.29 vs $0.27). It had positive guidance for 2018, but not many believe them.
1 comments
dagw
3071 days ago
If everybody already assumed that they would miss estimates then announcing that you missed estimates won't affect the share price.
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freehunter
3071 days ago
If everyone already assumed they'd miss analyst estimates, then what's the point of an analyst?
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brixon
3071 days ago
The company's estimates and outside analyst's estimates are two different things. When they agree then I think the price gets reflected quickly, when they disagree it opens it up for more volatility.
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