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BlackBerry Limited Message Board

  • count_and_think count_and_think Jun 26, 2013 10:27 PM Flag

    Consensus estimates are increasing

    Q1 2014 (earnings to be announced on June 28)

    Earnings for Q1 seem to be going up. I used to see 0.03, then it was 0.05 or 0.06 and today I see an article saying Zack's has the consensus estimate at 0.14. Wow - when did the consensus creep up to 0.14?

    What is going on? Why are analysts increasing their consensus estimates? Have they done new channel checks? Or are they simply feeding off each other and increasing their estimates?

    I hope they are not trying to downplay the earnings on June 28. Because, if the consensus was at 0.03 and the actual result was 0.30, that would be 10 times consensus which under normal circumstances should lead to a huge increase in the stock price. But if the consensus is at 0.14, then 0.30 would look like just 2 times. But, luckily, they have just one more day left to mess around with their estimates.

    Someone should write an article on this topic and put it on the news wires for everyone to read.

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