Re:Quantifying the Adpocalypse
by radkapital on Thursday April 09, 2020 @07:24PM
(#22828291)
Yes, sell side analysts expectations are basically expectations of the big participants in the market unless there is disclosure / news from the company or price action on the stock that can influence the outlook.
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The estimates are just absurdly wrong though. Ask any investor and most will just laugh at those estimates. 99% of estimates for all companies haven’t dramatically been decreased yet. So I would take these estimates with a grain of salt.