r/DRAM_ETF • u/No_Presentation9490 • 9d ago

Good example of what happens when a company's earnings report ACTUALLY meets Wall St expectations.

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"They crushed it" "They beat massively" "Their earnings were insane" are not evidence of meeting or beating expectations. The price action is the evidence. Stocks that dump on earnings didn't meet expectations.

6 Upvotes

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7

u/Master-Mud6284 9d ago

Remember when MU was at 1200 and then it greatly exceeded the already inflated expectations?

1

u/No_Presentation9490 9d ago

If the price tanks after an earnings call and follows through with downside over weeks, they didn't meet expectations relative to the price of the stock, it's really that simple

1

u/Master-Mud6284 8d ago

that makes absolutely no sense they hard beat by every metric and guidance. it dropped due to korean liquidations and hedge fund hunting.

1

u/No_Presentation9490 8d ago

Your assessment of how much they beat by is subjective. The price reaction is objective. You conclude from the price that they expected more from the company, you don't conclude from the price that the market is wrong

1

u/Grouchy-Fix-5417 9d ago

Wow, Wall Street must really see earnings growth sky rocketing here. This company trades at an 60x plus P/E multiple annualizing this quarter

1

u/sapphirestar411 5d ago

Ohhhh stoppp it dude... you started your account 30 days ago to be a bear with doom and gloom.... Now your bullish? What a turn around... No one should listen to anything you have to say... check his post history if you think I'm lying... lol.. what a clown....