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For the second quarter, management forecasts adjusted earnings per share of $1.45-$1.49, which was in line with estimates at $1.47. It also saw growth accelerating in the second half of the year ...
Also, changes in other forecast assumptions can reduce second-half pre-tax earnings by an additional $8 million. Outlook: For FY24, ...
Piper Sandler analyst Alexander Potter raised his delivery estimates, and now sees deliveries of 459,000 EVs globally, with a full-year forecast of 1.75 million units.
Earnings guidance is usually a financial forecast presented as a quarterly report of the corporation's performance in the next quarter. Guidance is an aid to financial analysts and the stakeholders in valuing the corporation, and helps prevent overvaluation. According to Investopedia, Guidance refers to Information that a company provides as an ...
Financial forecast. A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and / or valuation. Depending on context, the term may also refer to listed company (quarterly) earnings guidance. For a country or economy, see Economic forecast.
The Institutional Brokers' Estimate System (I/B/E/S) is a service founded by the New York brokerage firm Lynch, Jones & Ryan and Technimetrics, Inc. I/B/E/S began collecting earnings estimates for U.S. companies around 1976 and used the raw data to calculate statistical time series for each company. The data subsequently was used as the basis ...
Micron stock (MU) surged 17% before the bell on Thursday after the chipmaker forecast higher-than-expected revenue for the upcoming quarter. Micron projected first quarter revenues of $8.5 billion ...
Wall Street analysts forecast sales to rise 6% from last year to about 460,000 EVs. Barclays analyst Daniel Levy said in a bullish note to investors on Monday that he expects Tesla deliveries to ...
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