earnings
What is Consensus?
The consensus is the average of the forecasts published by the analysts who cover a company or an economic report. It works as a bar, not a prediction: a result above it is called a beat, one below it a miss, and the market reaction often depends on the size of the gap.
Related terms
How it works
In WallStreetDigest editions
· Weekday edition
Chipmaker TSMC dip, Prologis rent miss, and the Fed rate decision
Most stocks gained on Thursday even as a major chipmaker lost market value.