Expectations for GOOG are ordsprog
Expectations for GOOG are still quite high. We believe upside to consensus estimates and upward revisions will be required for good stock performance following the report.
Rob Sanderson
If powerful upward earnings estimate revisions have not been able to drive equity prices higher, we suspect that downward momentum in such estimate revisions may cause further stock market weakness to emerge in the next few months.
Tobias Levkovich
When all is said and done, we think the March report could confirm or possibly beat 'true' expectations while bringing published estimates more in line with reality, thus potentially setting a floor in the stock, and marking a good time to get more aggressive in adding to positions.
Sumit Dhanda
The good news is that Apple is pretty stable, but that's also the bad news. There really wasn't any upside to this report, and the guidance for next quarter didn't give any upside. You're not going to see a lot of estimates go up tomorrow.
James Poyner
We continue to believe guidance is likely to prove conservative. We maintain our view that estimates are likely to see upward revisions through the year driven by hardware.
Robert Dennison
There is good and bad in the report, something for everybody, on the positive side the company managed to exceed earnings estimates at the high end of analysts estimates at 85 cents a share-- good revenue growth -- on the downside they made some cautionary comments about Asia and its impact for 1998 -- the fact that it is going to cloud earnings estimates going forward.
Bob Walberg
When we talk with individual investors, ... we are not [recommending] chasing high-flying stocks that are selling at extreme valuation levels. Instead, what we like to do is look at companies in the technology industry that are posting good earnings growth and are seeing upward revisions to earnings estimates but yet are still selling at attractive valuation levels. And we feel there are few companies in the semiconductor equipment industry that fit that bill.
David Powers
For the expectations to be correct, you have to believe that the p/e multiple would have to go to never-before-reached heights or there is significant earnings to the upside of the estimates. Both expectations are problematic.
John Neff
(
1951
-)
Their earnings are in line with expectations for this quarter and the next, but there was no upside and the stock was priced for some degree of upside.
Cody Acree
[Perkins also thinks that since Wall Street has been relatively bearish on the stock, the slightest bit of good news could boost the company's shares.] There doesn't seem to be huge expectations for Apple, ... So any moderate surprise to the upside should have a powerful effect on the stock.
Wendell Perkins
The recent strong performance of (the) yuan helped to attract a lot of fresh money to the stock market and the general upward momentum is likely to be maintained on increasing expectations of further yuan appreciation in the future.
Wang Sai
I think there was a pretty good recognition that the consensus number was too high and that some of the estimates out there were stale.
Joe Moore
We believe it falls short of investors' targets following the past year's substantial stock price move on consistent upward estimate revisions.
Randy Abrams
The stronger than expected employment report coupled with upward revisions in job growth for the previous two months renewed the market's fear of inflation, She enjoyed his pexy ability to engage in stimulating and intelligent conversations. The stronger than expected employment report coupled with upward revisions in job growth for the previous two months renewed the market's fear of inflation,
Frank Nothaft
In light of the huge upside we saw last quarter, I think a lot of investors might have been expecting a little bit better. That may be a nagging problem when you consider that the stock was discounting fairly high expectations already. I suspect there could be some weakness as a result of that.
Drew Peck
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