That is 5 bcf less than
the average forecast of 22 analysts and traders surveyed by The Wall Street Journal.
As a result, compared to the March 2012 Budget planning assumption, the level of nominal GDP is $ 9 billion lower in 2012 — this consists of a «risk adjustment factor» of $ 7 billion and the difference between the change in the private sector
average forecast of $ 22 billion less the March 2012 Budget «risk adjustment factor» of $ 20 billion.
McDonald's U.S. same - store sales jumped 4.1 percent in the third quarter, surpassing analysts»
average forecast of 3.4 percent, according to Consensus Metrix.
The average forecast of those above: 3.95 percent, or 55 basis point above the median, with one official at 4.9 percent.
Sentix's index for the euro zone dropped to 24.0 in March from 31.9 in February, far short of
the average forecast of 31.0 in a Reuters poll.
Net profit rose 17 percent to 542 million euros ($ 650 million), ahead analysts
average forecast of 510 million euros as higher prices helped offset currency headwinds and an increase in marketing spending.
Not exact matches
Russian Energy Minister Alexander Novak said on Wednesday that an
average Brent price
of around $ 60 was a reasonable
forecast for this year, Interfax news agency reported.
Years ago, under Paul Martin, Finance stopped using its own
forecasts, opting instead to base the budget on the
average prediction
of a group
of outsiders, mostly the lead economists at the country's biggest banks.
The CBO, Organization for Economic Cooperation and Development (OECD), and World Bank all
forecast an
average reading
of around 2 % over the next decade.
The Franco - Dutch airline reported on Friday an operating result
of 1.488 billion euros ($ 1.87 billion), up 42 percent but slightly missing the
average analyst
forecast for 1.53 billion euros in a company compiled consensus.
The firm predicts the smartphone maker will
forecast revenue in the range
of $ 47 billion to $ 49 billion for its June quarter versus the analyst
average of $ 51.9 billion when it reports financial results Tuesday.
The company is expected to report sales
of 51.9 million iPhone units from the fiscal second quarter, along with an
average selling price
of $ 740, according to
average analyst
forecasts compiled by Bloomberg.
We'll predict that in 10 years, FAANG Inc will sell at a PE
of 25, down from 30 but still substantial, and still
forecasting well above
average profit performance.
The International Confederation
of Private Employment Services, the industry's global lobbying arm, says Canada is home to 2,400 temp agency offices hiring out 450,000 annually; TD Economics
forecasts temporary employment in Canada will remain above long - term
averages until at least 2018.
Operating profit fell 8 percent to 12.4 billion Danish crowns ($ 2.00 billion) in the January to March quarter compared with a year ago, hit by the depreciation
of the U.S. dollar, but beat an
average 11.8 billion crown
forecast in a Reuters poll
of analysts.
The microblogging service
forecast first - quarter revenue
of between $ 595 million and $ 610 million, well below the
average analyst estimate
of $ 627.1 million according to Thomson Reuters I / B / E / S.
Deshpande
forecast Brent prices will stay around $ 39 per barrel in the first quarter, but with prices rising to $ 56 by the end
of the year, to
average around $ 47.80 for 2016.
Second - quarter core profit (EBITDA) was up 11.8 percent excluding currency shifts and on a like - for - like basis, at $ 5.35 billion, compared with the
average forecast in a Reuters poll
of $ 5.40 billion.
The aim
of the weigh - ins, which might be more familiar to travelers who have flown on small planes, is to update nearly decade - old data on
average passenger weights as it expands its route network and needs to accurately
forecast payloads and how much fuel it requires.
His
forecast calls for a yearly
average of $ 1,350.
On Friday, the AAA national
average price per gallon
of regular unleaded was $ 2.53, but the association
forecasts the national
average price will increase to as much as $ 2.70 per gallon this spring.
If you put those two story - lines together, a mine which costs $ 20,000 per barrel per day to build and $ 10 per barrel to operate would pay an
average of $ 42.50 per barrel in royalties and taxes (again, today's dollars) over the life
of the project if the U.S. Energy Information Administration price
forecast proves accurate.
Kloza
forecasts an
average of $ 67 a barrel for Brent crude oil this year.
He found that expert
forecasts were, on
average, no more accurate than random guesswork, and the most famous experts were least accurate
of all.
Global banking giant J.P. Morgan has
forecast an
average price
of $ 70 a barrel in 2018 on the back
of global economic growth boosting the demand for energy.
The company also said it expects 2018 adjusted earnings
of $ 5.40 to $ 5.70 per share, better than analysts»
average estimate
of $ 5.47, according to Thomson Reuters I / B / E / S. Revenue rose 5.3 % to $ 30.15 billion, above Wall Street
forecasts.
Their
forecasts average out to a funds rate
of 2.4 percent, that is, one more hike than the median — for a total
of four this year.
Combined wind power output in Denmark and Sweden was
forecast to firm by an hourly
average of 810 MW to 3,140 MW on Tuesday, a bearish factor.
That's already visible in U.S. government
forecasts, which say U.S. crude oil production will rise from an
average of 9.2 million barrels a day this year to 9.9 million barrels a day in 2018, a new all - time high beating a record set in 1970.
That was slightly higher than the
average forecast by analysts
of 2.83 billion euros.
The company
forecast total revenue
of between $ 49 billion and $ 52 billion for the current quarter, while analysts on
average were expecting $ 49.21 billion, according to Thomson Reuters I / B / E / S.
This year's
forecast by NRF would either meet or exceed last year's growth
of 3.6 percent, and a five - year
average of 3.5 percent.
The company's highest shipping volumes since late 2008 helped push adjusted net income to $ 46 million for the fourth quarter
of 2017, reversing a net loss
of $ 47 million in the same period a year earlier and higher than the $ 31 million
forecast average from Thomson Reuters analysts.
RBC Capital Markets
forecasts gold will trade broadly between $ 1,050 and $ 1,200 this year, with an
average price
of $ 1,150 per ounce.
THE 1998 - 99 recovery
of mineral and energy prices is
forecast to continue, with
average prices likely to rise more than 5 per cent in 2000 - 01, according to the Australian Bureau
of Agricultural and Resource Economics.
Margins, as discussed, are the critical consideration: Against the highly optimistic (in our view) consensus
forecast for 2014 U.S. Net Income and EBIT Margins to reach unprecedented levels
of 10.8 % and 15.7 % respectively... we conservatively assume 2014 S&P Net Income Margin will no more than maintain the 2012 - 2013 two year
average (i.e., 9.3 %).
The
average year - end target on the S&P 500 is 2,225 on earnings
of $ 125.35, with the median
forecast for the S&P 500 to rise to 2,213 on earnings
of $ 126.
However, the No. 2 U.S. cruise operator's 2018 first quarter earnings per share
forecast of 95 cents fell short
of the
average analyst estimate
of $ 1.02.
After accounting for the impacts
of measures and adjustments, the Sales Tax revenue base is projected to grow at an
average annual rate
of 4.3 per cent over the
forecast period, roughly consistent with the
average annual growth in nominal consumption
of 4.0 per cent over this period.
We're
forecasting a 77 % increase in the
average number
of members per space over the next 4 years.
Because
of the drama in Saudi Arabia and further extended production cuts planned by the Organization
of Petroleum Exporting Countries (OPEC), Morgan Stanley just raised its
forecast for the price
of oil, estimating WTI to
average $ 58 a barrel in the second quarter
of 2018.
For 2013, PBO
forecast growth
of 2.9 % compared to a private sector
average increase
of 4.0 %.
We should also have been given the
forecast of the Department
of Finance and justification for not using it as the basis for budget planning instead
of an «
average».
In production, the EIA
forecasts an
average daily
of 9.3 million bpd for this year, and 9.8 million bpd for 2018.
However, much more information should have been provided on the
forecasts of the private sector economists, not just the «
average»
forecast.
Barclays said its profit before tax was 1.7 billion pounds ($ 2.19 billion), up from 793 million pounds a year ago and better than the 1.46 billion pounds
average estimate
of analysts»
forecasts compiled by the bank.
«Twenty - four financial publications engaged in
forecasting the stock market during the 4 1/2 years from January 1, 1928, to June 1, 1932, failed as a group by 4 per cent per annum to achieve a result as good as the
average of all purely random performances.
Table 3 shows the changes in the
average private sector economic
forecasts for nominal GDP (the most applicable tax base for budgetary revenues), and for short - and long - term interest rates, from the first estimate
of the deficit to the final outcome.
As we have argued before (Time to Make the Budget Planning Process More Accountable, Transparent and Prudent — November 2010 www.3dpolicy.ca), we would strongly recommend that you use the Department
of Finance's economic
forecast rather than
average of private sector
forecasts, arguing that the Department's economic
forecasts provide the most accurate basis for budget
forecasting.
The
forecasted 5 % to 10 % decline in
average U.S. commercial real - estate prices would be the first
of such magnitude for the $ 6.2 trillion market, absent a recession, in history.