..beating lower estimates has been the game in Wall St to prop up market sentiment, but now analysts feeling emboldened to raise them. It might turn out to work against them the next quarter.
Wall Street analysts are revising profit estimates up, finding previous forecasts too pessimistic. Higher estimates aim to enhance operating margins and support stock prices.
https://x.com/kurtsaltrichter/status/1789301693856743637
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..beating lower estimates has been the game in Wall St to prop...
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