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Bala Iyer

Sunday, February 05, 2012 6:09 AM
     

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Google and analysts

  
  
Another one of those puzzling things about Google. They don't providence guidance to the street about quarterly results. Once they announce results, the market reacts positively or negatively based on their exceeding (in most cases) or coming under analyst expectations. Google then explains why they came under or over. I thought Google did not care about analyst estimates! Why do they bother explaining the actual to the estimated values? Google should simply stop this charade and start providing guidance -- this way atleast the fund managers would sleep well!

 

Posted by Bala Iyer on Wed, Feb 01, 2006 @ 02:59 PM

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