Street Expectation

Street Expectation

The average or median forecast made by well-respected analysts on the future performance of a security or derivative. Forecasting is the process of using certain data to predict future market movements. Various methods exist for arriving at the Street expectation; experts differ on which ones, if any, are accurate. See also: Technical Analysis, Fundamental Analysis, Random Walk Theory.
References in periodicals archive ?
Summary: NEW YORK - JPMorgan Chase's fourth-quarter profit fell 23 per cent, in line with Wall Street expectations, as the European debt crisis depressed trading and corporate deal-making, dragging down shares of the major US banks.
In the introduction to his new book, Bogle writes that recent "aberrations" like the quantum leap in CEO pay and earnings managed to meet inflated Wall Street expectations can be laid to "the gatekeepers we trusted to protect investors--legislators, regulators, rating services, attorneys, public accountants and, most importantly, corporate directors .