An earnings estimate is an analyst’s forecast of a public company’s future quarterly or annual earnings per share (EPS).
Investors rely heavily on earnings estimates to evaluate a company’s performance and make investment decisions.
Most investors use a consensus earnings estimate, i.e. a forecast of a public company’s projected earnings based on the combined estimates of all equity analysts that cover the stock.
Whether a company meets, exceeds or falls short of its earnings estimates can affect the price of the underlying stock, especially in the short term.
Earnings surprises occur when a company fails to meet the consensus forecast, either earning more than expected or less.
The Financial Times Stock Exchange Group (FTSE) is a financial institution that specializes in managing asset exchanges and creating index offerings for global financial markets.
Launched in 2002 by the Chinese government, the Qualified Foreign Institutional Investor (QFII) program allows certain licensed international investors to invest in China’s stock exchanges.
The weekend effect is a phenomenon in the financial markets in which stock returns on Mondays are often significantly lower than on the immediately preceding Friday.
China A-share is the shares of companies based in mainland China that are traded on two Chinese stock exchanges: the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE).