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.
A survey of gurus by Business Insider resulted
in a consensus forecast of 1,949 for the S&P 500 by the end of 2014: the index closed the year at 2,060, higher than all but one expert's opinion.
Not exact matches
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.
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 revenue was broadly
in line with the 1.10 billion euros to 1.15 billion euros the company had
forecast but just short of the 1.143 billion euro
consensus estimate among 13 analysts.
IPhone shipments did come
in slightly below
consensus forecasts for the quarter.
We now
forecast 2.5 % EPS growth
in the US (compared to a
consensus forecast of 9.4 %)»
But its $ 6.2 billion
in revenue fell well shy of the $ 6.34 billion anticipated by Thomson Reuters
consensus forecasts.
While the revenue was broadly
in line with the 1.10 billion euros to 1.15 billion euros the company had
forecast, it was just short of the 1.143 billion euro
consensus estimate among 13 analysts tracked by Thomson Reuters I / B / E / S.
That's up from 317,900 boepd
in the same period last year, but short of analyst
consensus expectations of 338,000 boepd, according to a report from analyst Kristopher Zack of Desjardins Capital Markets, who had
forecast for 331,500 boepd.
Shares
in the online travel services company are being marked down sharply Friday after a bleak earnings report that fell short of
consensus forecasts and led the company to cut its own
forecast for earnings this year.
Taken together, the stronger credit and trade data would appear to still support the
consensus view that China will see only a modest pullback
in GDP growth to around 6.5 percent this year, after a
forecast - beating 6.9 percent
in 2017.
Mondelez International (MDLZ) edged out
consensus estimates by a penny with adjusted quarterly profit of 62 cents per share, while the snack maker also saw revenue come
in above
forecasts.
After heading to Asia for year - end client meetings, Levkovich wrote: «A 10 % total return
in the next 13 - 14 months was perceived as being too conservative by many even as our year - end target is
in line with mean and median top - down
forecasts... Interestingly, several clients suggested that our outlook was far below the bullishness expressed by other even when our numbers are pretty much well within the Street's
consensus.»
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
consensus forecast of Wall Street economists polled by MarketWatch is for headline consumer prices to rise 0.5 %
in May.
Indeed, given the shifts
in the global macro dynamic, we think that the risks to the
consensus forecasts are shifting to the upside.
Indeed,
in the euro area and Japan, our core inflation
forecasts are above
consensus for 2018, penciling
in an increase to 1.6 % and 1.1 % at year - end, respectively.
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.
This Friday's preliminary look at first - quarter GDP data is expected to show a deceleration
in growth to 2.0 %, according to Econoday.com's
consensus forecast — the softest rise
in a year.
In evaluating the opinions that you hear to the contrary, keep in mind that the consensus of economists, as measured by the Blue Chip Economic Survey and others, has never forecast an oncoming recession, and usually remained rosy even several months after the actual recession was eventually determined to have starte
In evaluating the opinions that you hear to the contrary, keep
in mind that the consensus of economists, as measured by the Blue Chip Economic Survey and others, has never forecast an oncoming recession, and usually remained rosy even several months after the actual recession was eventually determined to have starte
in mind that the
consensus of economists, as measured by the Blue Chip Economic Survey and others, has never
forecast an oncoming recession, and usually remained rosy even several months after the actual recession was eventually determined to have started.
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 can not use
consensus values for our margin
forecasts because our margin calculations take into account a great deal more data than is used
in most analysts» models.
Even after yields stabilize, Hornbach adds, the
consensus forecast continues to shift higher
in what is likely a reflection of negative sentiment and recency bias following a large sell - off.
«Every time the bond market moves dramatically and unexpectedly higher
in yield, the
consensus forecast plays catch - up,» says Matthew Hornbach, Global Head of Interest Rate Strategy for Morgan Stanley Research.
For calendar year» 13, we expect GDP growth of 2.4 %, and our outlook is largely
in line with the
consensus economic
forecast.
Notably, while previously criticized by some of these analysts as being too aggressive, this
consensus EPS
forecast, which includes interest income, is now largely
in line with our own
forecast of $ 9.60, which does not include interest income.
While our
forecast for FY 2016 EPS is significantly above Wall Street
consensus today,
in October 2014 so was our original
forecast for FY 2015 EPS, which is now
in line with the Wall Street
consensus.
The company said Wednesday that it rung up $ 184.4 million
in sales for the quarter, beating Wall Street analysts»
consensus forecast of $ 172 million.
Mitel
forecast revenues for the current quarter
in the range of $ 300 million to $ 320 million, compared to analysts» previous
consensus projection of $ 314 million.
Adjusted net income came
in at $ 4.78 billion, up about 10 % from year - ago levels, and that worked out to adjusted earnings of $ 1.74 per share, topping the
consensus forecast for $ 1.72 per share among those following the stock.
The bottom - line figure compared quite favorably to the
consensus forecast for $ 1.20 per share
in earnings.
The cruise operator said that earnings growth was stronger than most had expected after posting a 9 % boost to revenue, and guidance for the first quarter and full year
in 2017 was better than the
consensus forecast among those following the stock.
The
forecast from a
consensus of 19 Estimize respondents has revenue
in the quarter totaling $ 2.42 billion, which is
in line with Wall Street expectations and the midpoint of the range of company guidance.
The general
consensus and
forecast appears to be that home prices will continue rising
in 2017, but at a slower pace than what we've seen over the last year.
In his May 2016 paper entitled «An Empirical Study of Financial Analysts Earnings Forecast Accuracy», Andrew Stotz measures accuracy of
consensus 12 - month earnings
forecasts by financial analysts for the companies they cover around the world.
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.
The
consensus forecast calls for EPS at Urban Outfitters to be the same as
in the year - ago period, while EPS at Deere, Dick's Sporting Goods, Gap, Staples and Wal - Mart will be smaller than a year ago, if analysts» expectations are on target.
Provided that the estimates entered on the
forecast page are based on market
consensus projections, the market - implied GAP represents the
forecast horizon needed
in a DCF model to arrive at a value equal to the current market price.
The result is an increase
in short - term interest rates beyond what is currently reflected
in market expectations and the
consensus view, leaving our 2 - year
forecast a bit higher at 1.75 %.
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 Institute for Supply Management's (ISM's) purchasing managers» index (PMI) covering services
in September came
in significantly higher than
consensus forecasts, registering its highest reading since 2005, with business activity and new orders notable areas of strength.
In another well - flagged move, the Bank of England (BoE) raised interest rates in the United Kingdom (UK) for the first time since the global financial crisis, following data showing third - quarter UK growth was a little higher than consensus forecast
In another well - flagged move, the Bank of England (BoE) raised interest rates
in the United Kingdom (UK) for the first time since the global financial crisis, following data showing third - quarter UK growth was a little higher than consensus forecast
in the United Kingdom (UK) for the first time since the global financial crisis, following data showing third - quarter UK growth was a little higher than
consensus forecasts.
Since 1970 there have been only four major gold bull markets, and the
consensus among analysts right now is that we're
in the early stages of a new one, with end - of - year
forecasts in the $ 1,400 an ounce range.
Similar demand was evident
in Chinese trade data for November, with exports rising more than 12 % year - on - year, well above
consensus forecasts.
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.
US nonfarm payrolls up less than expected US payrolls expanded by 98,000
in March, well below the 180,000
consensus forecast.
Full - year revenue of 17.8 billion euros was up 4 percent
in comparable terms, roughly
in line with analysts»
consensus growth
forecasts.
Note that Toll Bros. fell short on both the top and bottom lines
in the previous period; the
consensus Wall Street
forecast for the full fiscal year calls for EPS of $ 2.00 on $ 4.18 billion
in revenue.