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How to demystify the market prophets

Analysts can be late to the party, often publishing estimates only once a quarter or so. At any given time, the consensus reflects a mix of updated and older numbers

©The Financial Times Limited 2020 May 19, 2023 / 11:13 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Companies that perform better than expectations see their stock prices rise and companies that miss them suffer. But this behaviour does not always hold.
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