EPSDay is dedicated to bring real research to the public. Earnings day for most stocks usually sees high volatility. Did you ever ask why? The Reason; most investors are wrong in their forecasts. Brokerage firms usually rely on the company’s guidance and could even lose business from such public companies (such as banking) if they were to disagree with the company and their projections, or report on them negatively. Many hedge funds and mutual funds do not rely on brokerage firms and instead have “in-house” research teams. The public, however, is forced to rely on brokerage firms or do their own research. EPSDay does its own research much like hedge funds. Professional analysts and money managers have contributed what they believe are stocks that can beat or miss the “consensus” estimates this quarter.