This is a quarterly dance between company CEO and wallstreet. The investors are the voyeurs in this romantic interlude that happens every 3 months. Companies train their ceos to anticipate questions and prepare clichéd answers. Goal is not to disappong. And to beat ecpectations. Which are managed down.
A successful earnings call - the. First of Cisco cfo Kelly Kramer - beats estimates. The stick jumped 6 pct after hours.
Dear readers, how is this even relevant for long term investors?
Thank You.