™Reported revenue of $120M is 4% below a $125M consensus estimate, even if revenue increased 20% from the prior year.
Fundamentals
Consensus estimate
An aggregate of a stated analyst estimate set for a specified metric and period. Coverage, timing, adjustments and aggregation methods can differ; consensus is not a guaranteed outcome.
Plain-English context
Put the definition to work.
An aggregate can hide dispersion, stale estimates and unlike accounting adjustments. Identify the provider, period and time of the comparison before interpreting a beat or miss.
Further reading and verification. Examples are hypothetical, not current quotes or recommendations. Product terms, tax treatment and market rules can change. SEC — Reading a 10-K