Shared Flashcard Set

Details

Intro to Equity
Session 3 (Earnings & Estimates) 02MAR2015
4
Finance
Professional
03/02/2015

Additional Finance Flashcards

 


 

Cards

Term
BEst Estimate
Definition

A concensus estimate which stands for Bloomberg Estimate.  Selection is based off statistics & accounting as well as market, industry, and company research to see which estimates accurately represent current and future indicators.average (mean) of all contributed values.

 

Stale estimates are removed (usually within last 100 days) they are  grayed out on the estimates

Term
Company Guidance
GUID<Go>
Definition

Used to display information on a specific measure of a company's current guidance. (done by the company)

  • inflated guidance measures suggest a company is overconfident
  • deflated guidance measures suggest a company is not confident at all and want a large "surprise" against earnings
  • a good guidance is neither of those above.
Term
Target Price
Definition
Where analysts expect the price to be in a certain period of time.  
Term
Earnings Surprise
Definition
Expressed as a percent, comparing the comparables to the estimate
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