>It's just generally perceived to be an instant negative.
It's an aggregated consensus of short term future earnings best guesses. It is assumed that these expectations are "priced in" to the stocks's price. When a company releases earnings and "misses", there is an adjustment to the share price.
It's an aggregated consensus of short term future earnings best guesses. It is assumed that these expectations are "priced in" to the stocks's price. When a company releases earnings and "misses", there is an adjustment to the share price.