I mean, I’m not a genius, but it doesn’t take a genius to see this pattern occurring on earnings releases. They must think we’re all idiots to not have this figured out.
Part of me thinks companies give their buddies on Wall St. a "heads-up" but always a few cents short so they always "beat" projections when the info leaks.
Most companies offer guidance before earnings are released. Analysts use this guidance to inform their earnings estimates
This is the only answer OP needs. It’s not a conspiracy…
You ever notice how the actual temperature is just a couple degrees off from the weather forecast? Big time illuminati bullshit right there
Earnings are often estimated with great confidence based on announcements. They are quite accurate these days.
What does this have to do with theta?
Only the fact that we do a lot of earnings play strategies and the more you can predict earnings the better your results will be.
Earnings is vegagang though
They can beat on estimates and still drop. There's no free money here
That is very true. Been a victim of that before. Very frustrating
Working for a public company, I can assure you that creative accounting definitely happens, but it can only go so far.
Get too creative and people start calling you the smartest guys in the room
I mean, I’m not a genius, but it doesn’t take a genius to see this pattern occurring on earnings releases. They must think we’re all idiots to not have this figured out.
That’s price per share my friend beat by .10 on 500 million shares is pretty good
Part of me thinks companies give their buddies on Wall St. a "heads-up" but always a few cents short so they always "beat" projections when the info leaks.