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Analysts Estimate Cactus, Inc. (WHD) to Report a Decline in Earnings: What to Look Out for
WHDCactus(WHD) ZACKS·2024-07-24 15:07

Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stoc ...