We know for a fact that INTC resumed its buyback program. 1. Do we know how many shares had been purchased in Q4? 2. Does that not practiclly guarantee that they will beat estimates?( Unless the analysts knew the answer to question #1. Did they?
share buyback and beating earnings are two entirely different things. When a company has nothing better to do with it's cash (investment) wise it could buy back it's shares on the open marketLame way to increase earnings by shrinking the float
Does that not practiclly guarantee that they will beat estimates?------------not necessarily, I'm not sure that they can buy on the quiet period