Estimated Earnings

Glenn Silverman
Mar 07, 2024 12:20 PM 0 Answers
Member Since Feb 2024
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It seems that you do not place much credance in the earnings estimates but when the estmitated earnings for upcoming years have the green arrow next to it indicating increased estimates, is that meaningful?

Thank you for your question!

I am a big believer in fundamentals and that earnings and sales growth will drive the stock price over time. Those estimates on MarketSurge and everywhere else  are just that "estimates!"  Many companies will lower their expectations so they have an easy obstacle to hurdle. There are some CEOs who are masters of that practice.  I would NOT be buying/selling my stocks based on any estimates.



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