The portion of a company’s earnings that is unanticipated by investors and, according to the efficient market hypothesis, merits a price adjustment. The difference between reported EPS and expected EPS. Also referred to as unexpected earnings.
The portion of a company’s earnings that is unanticipated by investors and, according to the efficient market hypothesis, merits a price adjustment. The difference between reported EPS and expected EPS. Also referred to as unexpected earnings.