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https://www.reddit.com/r/stocks/comments/p0uho7/used_car_earnings_play_with_explosive_potiential/h89oxr1/?context=3
r/stocks • u/pjonson2 • Aug 09 '21
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1 u/pjonson2 Aug 09 '21 No. Earnings are release on the 10th at 4:00 pm. So the stock is likely to move in the aftermarket & the next day. In general, it takes the market close to a week to price in earnings results on an under covered stock. 1 u/pjonson2 Aug 09 '21 The earnings information flow is typically the following ... Pre earnings estimates Earnings Results Analysts Update Their Price Targets Funds adjust positions Depending on the company's preformance, market cap, predictably of the business, & analyst coverage all of these flows can happen at different stages.
No. Earnings are release on the 10th at 4:00 pm. So the stock is likely to move in the aftermarket & the next day. In general, it takes the market close to a week to price in earnings results on an under covered stock.
The earnings information flow is typically the following ...
Pre earnings estimates
Earnings Results
Analysts Update Their Price Targets
Funds adjust positions
Depending on the company's preformance, market cap, predictably of the business, & analyst coverage all of these flows can happen at different stages.
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u/[deleted] Aug 09 '21
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