Consensus forecast

Consensus forecast

The mean of all financial analysts' forecasts for a company.

Consensus Forecast

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 forecasting; experts differ on which ones, if any, work. See also: Technical analysis, Fundamental analysis, Random walk theory.
References in periodicals archive ?
The official non-manufacturing PMI from China's National Bureau of Statistics was also better than expected at 54.8 versus the 54.4 consensus forecast. In early trading, the major averages have slipped a bit from their opening highs but remain firmly in the green.
Egypt's external debt is expected to climb to 21.8% of GDP in fiscal year (FY) 2019/2020, registering $82.2bn, according to a FocusEconomics Consensus Forecast report.
The quarter revenue of some EUR 9.2 million (USD 13.8m) came considerably below the RCB expectations of EUR 12.2 million and under the consensus forecast of EUR 17.10 million.
The LATIN TRADE Consensus Forecast puts the country's growth at a blistering 7.4% in 2004, dropping back to 3.8% next year.
The exchange rate between the Egyptian pound and US dollar will reach EGP 12.69 by the end of FY 2019/2020, according to a FocusEconomics Consensus Forecast report.
According to world financial organizations, in 2019, the consensus forecast for oil prices will be $65 per barrel.
1 Exchange Rate Forecaster in the Philippines by FocusEconomics Consensus Forecast, a leading provider of economic analysis and forecasts for 130 countries and 30 commodities.
The six-month net profit accounted for 52.5 percent of BDO's full-year bottomline goal of P38.5 billion and outperformed market consensus forecast.
BofA Merrill Lynch analyst John Murphy noted that Tesla Motors' Q2 deliveries of about 95,200 vehicles came in at the mid point of the company's guidance and just above his estimate of 91,000, but well above the consensus forecast of about 85,000.
"The consensus forecast for the gold price is about $1,300 per ounce for 2019.
According to the September consensus forecast, the consumer price growth contraction (calculated December to December of the previous year) is expected at 9.5% in 2018, 7.4% in 2019, 6% in 2020 and 5% in 2020.
FocusEconomics Consensus Forecast panelists expect the fiscal deficit to reach 9.5% in FY 2018, down 0.5% from its forecast for last month, and 8.1% in FY 2019.

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