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Avid Technology, Inc. Message Board

  • Looking4Value Looking4Value Jan 31, 2002 4:58 AM Flag

    Consensus among AVID analysts is (.01)

    Consensus among AVID analysts is (.01) a share!

    AVID will report 4Q2001 earnings after the market closes today and the consensus among the analysts who follow AVID is that AVID will report a loss of one cent a share.

    During the last several quarters, the analysts who follows AVID were incorrect in the consensus of their earnings projection because AVID did better than what the analysts previously projected!

    I have a feeling that AVID will exceed the consensus of analysts earnings projection again and this time will report a profit of one cent or more rather than a projected loss of one cent a share.

    The above is my opinion only. Please exercise due diligence and do your own research.

    Regards, L4V

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9.37-0.29(-3.00%)Aug 24 4:00 PMEDT