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.
helped fuel second-quarter profits that rose 22 percent and beat Wall Street expectations on Tuesday.
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 .
The company reported fiscal first-quarter results Monday that fell far short of Wall Street expectations.
Results were in line with company guidance of 22 cents to 26 cents per share, and beat Wall Street expectations for profit of 23 cents, though sales were shy of analysts' $1.
In late October, the company announced third-quarter earnings of 68 cents per share, exceeding Wall Street expectations by nearly 10% and surpassing the year-ago result.
s first- quarter profit 45 percent, exceeding Wall Street expectations, the company said Tuesday.
Still, the results announced Thursday exceeded Wall Street expectations and HP shares gained 6 percent.
Boeing: The immediate response to Boeing's (NYSE:BA) earnings report this morning, which topped Street expectations on a per-share basis, was a move south, as the stock opened more than one percent lower.
reported a smaller profit in the second quarter from a year ago, but the world's largest video-game maker still surpassed Wall Street expectations on strong sales of its sports titles.