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A comment on GE Woes Deepen as SEC Investigation Throws Wrench in Turnaround. Parent comment

Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn... by sokoloff on Wednesday January 24, 2018 @09:39AM (#16222991)
Confounding news. Earnings were good; this news is negative.

> The shares rose less than 1 percent to $16.97 ahead of regular trading in New York, erasing a gain of as much as 5.8 percent that followed the announcement of the company’s fourth-quarter earnings.

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Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn... by jnordwick on Wednesday January 24, 2018 @09:50AM (#16223079)
Huh? GE missed eps estimates for 4q2017 ($0.29 vs $0.27). It had positive guidance for 2018, but not many believe them.
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Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn... by dagw on Wednesday January 24, 2018 @10:05AM (#16223195)
If everybody already assumed that they would miss estimates then announcing that you missed estimates won't affect the share price.
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Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn... by freehunter on Wednesday January 24, 2018 @11:21AM (#16223893)
If everyone already assumed they'd miss analyst estimates, then what's the point of an analyst?
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Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn... by brixon on Wednesday January 24, 2018 @11:36AM (#16224019)
The company's estimates and outside analyst's estimates are two different things. When they agree then I think the price gets reflected quickly, when they disagree it opens it up for more volatility.
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