Originally Posted by
⌐ AV8OR WANNABE
I'm curious what kind of benchmarks will be used to describe the report as better or worst than expected?
I've always marveled at the answer to your question. The benchmark that will undoubtedly be used is "Wall Streets' Expectations." So in effect, if Wall Street's brokerage houses feel that a company has met their expectations of profits (or loses), then a favorable report will be forthcoming. If not, then an unfavorable report, based on "XXX company's earnings didn't meet Wall Streets expectations." The beauty, from "the streets" report is that buyers and sellers will heed that report and the brokerage houses will make their profits on both as some people dump a stock, while others buy it. You just gotta love it.
JJ