Wall Street Breakfast: Must-Know News [View article]
RE: "When a company reports a loss, say 10 cents, it is difficult to assess what is meant by "missed by 003" -- does that mean the estimated loss was 7 cents or 13 cents?"
========== Expectation was -0.07. An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.
Wall Street Breakfast: Must-Know News [View article]
==========
Expectation was -0.07.
An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.