News for hackers. Stuff that matters.
Re:Model beats Wall Street analysts in forecasting business ... by o-__-o on Saturday December 28, 2019 @02:15AM (#21897632)
I no longer trade during earnings because it’s effectively random for John Q Public. A company beats across all estimates (eps, total rev, next quarter guidance) but drops 6% because a random non-public metric (like same store comp sales, or new subscribers added) that not a single analyst talked about that quarter was missed.

There are no comments on this comment yet.