Many times after the Quarter result, there is news that the result does not meet the expectations and the share falls. Who comes up with the expected result numbers? Any specific firm?
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The analyst expectations is the report made by either an individual analyst, an investment banking firms, financial services companies.
If it’s a business channel, it’s generally the team of analysts of that particular channel.
While if any news article shares that the results did not meet the expectations, here the expectations can be an average of all the estimates by various firms.