What is street estimate?

Street estimate refers to the average of analysts' forecasts regarding a company’s revenue, profit or any other metric. These estimates are specifically used for a company’s financial results. A comparison between actual results and estimates helps traders and investors to see whether a company has outperformed or underperformed against market expectations. An outperformance is generally handsomely rewarded with an increase in share price. Similarly, shares of a company fall when it fails to meet the street’s expectations.

Courtsey : Upstox (start Karke Dekho)


For more about Upstox - Read more....

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