Expedia — Expedia lost 46 cents per share for its latest quarter, a loss that was one cent a share smaller
than consensus estimates.
One of those indicators, ADP Research Institute's monthly payrolls survey, showed private employers added more than 200,000 jobs in January, more
than the consensus estimate on Wall Street.
At $ 2.73 a share, earnings were five cents higher
than the consensus estimate.
This was slightly better
than the consensus estimate of around 2 percent, even as real GDP eased from 2.9 percent growth in the fourth quarter data.
The company reported better than expected earnings in May, with 1st quarter revenue up 23 % from last year and earnings of $.31, 72 % higher
than the consensus estimate.
Not exact matches
That has established what's known as the Street
consensus, or the aggregate
estimates from more
than two dozen stock analysts, for where Snap's finances are headed.
First the good news: It's $ 242 million in revenues beat
consensus estimates by about $ 22 million and it made a whopping 116 % more
than it did the year before.
That is less
than half the earnings per share of 31 cents in the same period a year ago, and down from FactSet's
consensus estimate of 21 cents as of June 30.
With more
than half of the S&P 500 companies having reported first - quarter earnings already, 79.4 percent have beat
consensus estimates.
Bell said recent quarterly results have seen outperformance of about 3 to 4 percentage points better
than analysts»
consensus estimates on average, compared with the 5.7 percentage points earnings are currently running ahead.
Of course, a new
consensus that Canada's productivity is actually better
than previously
estimated shouldn't discourage the adoption of measures in government and industry targeted at improving productivity growth.
The stock's rise follows Zendesk's solid first - quarter results, including revenue and adjusted earnings per share that both came in higher
than consensus analyst
estimates for the two key metrics.
The BlackRock GPS — which combines traditional economic indicators with big data signals such as web searches and text mining of corporate conference calls — suggests a higher growth rate over the coming 12 months
than currently reflected in
consensus estimates.
US Treasury yields which have been in the focus in the last days are slightly lower today, especially regarding the longer end of the curve, as core durable goods orders came in much lower
than expected, even as the less reliable headline number beat the
consensus estimate.
While we believe payrolls and average hourly earnings are both likely to miss
consensus estimates, we think the employment report may be somewhat less important
than usual for the monetary policy outlook, because 1) recent data have been firm so we have some room for a miss, 2) the August seasonal issue is now well known so even a somewhat larger miss may not significantly alter the staff view, and 3) there are several months between now and December to make up for any weakness in tomorrow's report.
Our BlackRock Investment Institute (BII) forecast has long been more optimistic on growth
than consensus, but recently the
consensus estimates have caught up with the BII, which strikes us as a good contrarian indicator.
Best Buy (BBY) blows away the earnings and revenue
estimates — stock up 15 % — Best Buy beats by $ 0.14, beats on revs; guides Q3 EPS in - line, revs above
consensus; raises FY17 profit guidance (32.80)-- Is this possibly due to lack of smartphone buying — people have money to spend on something other
than iPhone?
Adjusted earnings more
than doubled year over year to $ 0.11 per share and exceeded Wall Street's $ 0.07 target, but top - line sales fell 7 % and missed the
consensus estimates.
As of this morning, 66 % of firms reporting have beaten their
consensus EPS
estimates, which is better
than the last two fourth quarter reporting periods (61 % in 2012 and 60 % in 2011).
The
consensus analyst
estimate is that total S&P 500 earnings for this quarter will be 17 % higher
than they were for 2017.
An optimistic view toward first quarter earnings was the driving factor behind much of these gains as
consensus estimates indicated S&P 500 companies were expected to grow earnings at greater
than 17.0 % — the highest level since 2011.
Further to my point that if your valuation models use forward
estimates rather
than twelve - month trailing data, you're doing it wrong, here are the results of our Quantitative Value backtest on the use of
consensus Institutional Brokers» Estimate System (I / B / E / S) earnings forecasts of EPS for the fiscal year (available 1982 through 2010) for individual stock selection:
Better
than Expected GDP Could Support Demand for Higher Risk Assets U.S. stock indices may see fresh buying today if GDP exceeds todayâ $ ™ s
consensus estimate of 4.5 %.
While
consensus estimates were not broadly trimmed by analysts, the softer
than expected smart phone sales at Apple and Samsung already reported had already resulted in reduced expectations from Qualcomm by the Street.
The obvious answer (from someone who is indeed receptive to arguments for lower -
than -
consensus climate sensitivities) is that it was on a par with recent hot years because temperatures at US latitudes of the globe really weren't as much cooler in the 1930s / 1940s (compared to the present)
than GISS / Hadley's best
estimates (from often sketchy global coverage) suggest.
Here is another interesting comment: https://judithcurry.com/2012/06/25/questioning-the-forest-et-al-2006-sensitivity-study/#comment-212952 This gives information on other work that suggests climate sensitivity may be significantly lower
than the IPCC AR4
consensus estimate.
Notice, for instance, that one account of the
consensus (more accurate
than Grimes's) holds that «most of the warming in the second half of the twentieth century has been caused by man», and does not exclude the majority of climate sceptics, who typically argue that the IPCC over
estimates climate sensitivity.
«If the intention is to offer true balance in reporting, the scientifically credible «other side» is that, if the
consensus estimates such as those from the IPCC are wrong, it is because the physical reality is significantly more ominous
than has been widely recognized to date».
The people who claim that CS is lower
than the «
consensus»
estimate have already had ample time to find flaws in the numerous other papers supporting the
consensus position.
And «scientists,» in this case, apparently include only those on the low end of climate sensitivity
estimates, rather
than the more likely to be accurate
consensus range.
It reproduced a preliminary graph from a non-physical sciences group showing lower
than scientific
consensus estimates for temperature increase through 2100 and conflated it with an entirely Economist - manufactured news item erroneously stating scientists are finding climate sensitivity is lower
than previously expected (Hint: it's not).
The 23 member VIC ensemble has a smaller spread
than the full ensemble; however, both ensembles provide the same
consensus estimate of monthly streamflow change.
fewer
than half of them
estimated the
consensus at over 80 percent — and one in five simply (but sadly) answered, «I don't know.»
The new
estimate is that the oceans contain 10 billion tons of fish, or 10x more
than the previous «settled science
consensus».
Applying these standard deviations to the
consensus Outlook value of 4.6 million square kilometers, there is about a 16 % chance that the
estimate could be near the 2007 record value and about a 40 % chance of there being sea ice greater
than the 2008 value.
In arguing that sea levels are rising much more
than the
consensus view of thousands of scientists, he makes a lot of the fact that the 1993 - 2003 sea level
estimates were 50 % higher
than the IPCC's models expected, indicating that future sea level rises would also be higher.
Another recent analysis also concluded that» if the
consensus estimates such as those from the IPCC are wrong, it is because the physical reality is significantly more ominous
than has been widely recognized to date».
Overall, the synopsis emphasized the positive effects of climate change over the negative, the uncertainty surrounding predictions of future change rather
than the emerging
consensus and the low end of harmful impact
estimates rather
than the high end.
Missing
consensus estimates by $ 0.01 per share for the quarter was Kimco Realty Corp., while still posted better
than expected overall performance for 2007.
Of the companies reporting, more
than half missed
consensus estimates for the fourth quarter by less
than $ 0.02 per share, and four firms reported positive FFO growth.
With more
than half of the seven REITs reporting so far, two beat analysts»
consensus estimates and two missed; primarily due...