The phrase
"consensus forecast" refers to a prediction or estimate that is agreed upon by a group of experts or analysts. It represents a collective opinion or general agreement on what is expected to happen in the future, typically in terms of economic indicators, company earnings, or market trends.
Full definition
The positive backdrop
meant consensus forecasts for third - quarter growth remained moderately strong, in the range of 2.5 % — 3.0 %, even after the weather - related disruptions.
Given that we can not really calculate and average out the performance of the top predictors within that crowd, we have to take the
collective consensus forecast.
The underlying result, before one - off costs and writedowns, fell short of
consensus forecasts of $ 1.47 billion.
Analysts welcomed the better than expected result, which
beat consensus forecasts by around $ 10 million, and suggested that the full year guidance could be conservative given that the first tranche of cost savings will be weighted towards the second half.
Intel — Intel beat
consensus forecasts by 15 cents a share, with adjusted quarterly earnings of 87 cents per share.
Similar demand was evident in Chinese trade data for November, with exports rising more than 12 % year - on - year, well
above consensus forecasts.
The BLS reported that only 126,000 jobs were created in March (according to the establishment survey), far
below consensus forecast of 250,000 and breaking a 12 - month string of 200,000 - plus job gains.
Though the 156,000 jobs added in August's labor market report fell short of the figure predicted
in consensus forecasts, any disappointment was muted by the historical tendency of data in August to be adjusted at a later date, with the initial level of hiring revised higher in five of the last six years.
Guidance was in line
with consensus forecasts with the strongest Thanksgiving weekend in the company's history offset by poor winter weather in the first part of December.
I stand by my original statement as an accurate reflection of current
IPCC consensus forecasts for expected global warming through 2100, though obviously I remain open to contradiction by relevant facts of which I am currently unaware.
Despite this upbeat outlook, as long as inflation is weak (
which consensus forecasts for 2018 indicate is likely), a significant shift in the ECB's policy is hard to envisage.
While the board's actions to date ($ 60 billion share repurchase over three years) may seem like a large buyback, it is simply not large enough given that Apple currently holds $ 147 billion of cash on its balance sheet, and that it will generate $ 51 billion of EBIT next year (Wall
Street consensus forecast).
Twitter reported earnings on the 29th and the results were mixed with revenue and EBITDA both beating estimates but monetization measures just
met consensus forecasts.
We feel the restrained first - quarter GDP
consensus forecasts reflect the contrast between a domestic economy doing relatively well, and which has spurred the Fed into action, and a less robust backdrop internationally.
The country entered a recession in 2015 and is expected to produce negative growth again in 2016, based
on consensus forecasts available via Bloomberg.
Even without these factors, experience teaches that recessions are almost never forecast or even rapidly recognised by the Fed or the
professional consensus forecast, but there is at least a 20 per cent or so chance that if the economy is not in recession, it will be so within a year.
We expect the global economic expansion to continue through 2018, and see upside to
consensus forecasts amid tax cuts and robust government spending in the U.S. See Investing after the U.S. tax overhaul.
Figure 7 shows the Blue
Chip consensus forecast for inflation as measured by the Consumer Price Index (CPI) for 2018.
He focuses on scaled forecast error (SFE), 12 -
month consensus forecasted earnings minus actual earnings, divided by absolute value of actual earnings, as the key accuracy metric.
May 30 (Reuters)- Hindalco Industries Ltd:: March quarter profit from continuing operations 5.03 billion rupees.Hindalco industries
ltd consensus forecast for march quarter net profit was 4.49 billion rupees.March quarter total income 119.70 billion rupees.Profit from continuing operations in March quarter last year was 4.01 billion rupees as per IND - AS; total income was 94.72 billion rupees.Recommended dividend of 1.10 rupees per share.
In contrast, «portfolios of companies
whose consensus forecasts underestimated actual actual earnings growth outperformed the market on average».
The Sea Ice Outlook is not a
formal consensus forecast or prediction for arctic sea ice extent, nor is it intended as a replacement for existing efforts or centers with operational responsibility.
The
CTA consensus forecast reflects US factory sales - to - dealers for more than 300 consumer tech products».
«In summary, almost all U.S. real estate participants would be very pleased if the future unfolded as predicted by the
ULI consensus forecast,» says ULI leader William Maher, director of North American strategy for LaSalle Investment Management in Baltimore.
But the mixed economic picture was underlined by the same month's inflation report, showing annual price rises below
consensus forecasts at the headline level and a slight decline in core inflation.
The economy added 163,000 jobs in July, well above the market
consensus forecast of 100,000, and the largest increase since February.
Although 146,000 jobs were created, above the
market consensus forecast of 85,000, revisions subtracted 49,000 workers over the September and October period,» says
Estee Lauder — The cosmetics company earned an adjusted $ 1.17 for its latest quarter,
beating consensus forecasts by 10 cents a share.
The current
IPCC consensus forecast is that, under fairly reasonable assumptions for world population and economic growth, global temperatures will rise by about 30C by the year 2100.
While the board's actions to date ($ 60 billion share repurchase over three years) may seem like a large buyback, it is simply not large enough given that Apple currently holds $ 147 billion of cash on its balance sheet, and that it will generate $ 51 billion of EBIT next year (Wall
Street consensus forecast).
Despite this upbeat outlook, as long as inflation remains weak (
which consensus forecasts for 2018 indicate is likely), a significant shift in the ECB's policy is hard to envisage.
By contrast, a 3.8 percent rise in Burger King comparable sales topped
a consensus forecast of 3.5 percent and helped Restaurant Brands beat first - quarter profit estimate.
Its net interest income rose 8.6 percent to $ 10.99 billion in the second quarter, while total revenue of $ 23.07 billion handily beat
a consensus forecast of $ 21.78 billion.
Spotify said paid subscriptions for the second quarter would range between 79 million and 83 million, which at the midpoint was below Wall Street's
consensus forecast of 81.79 million, according to Thomson Reuters I / B / E / S.
We now forecast 2.5 % EPS growth in the US (compared to
a consensus forecast of 9.4 %)»
The report's headline index of manufacturing conditions in eastern Pennsylvania, southern New Jersey, and Delaware advanced to 16.6 this month from March's 9.0 reading, well ahead of economists»
consensus forecast for a smaller rise to 10.0.
Phrases with «consensus forecast»