Earnings Surprise
When the earnings reported in a company's quarterly or annual report are above or below analysts' earnings estimates.

Investopedia Says:
Company earnings are watched closely by many analysts and investors. When a positive earnings surprise occurs, share price will usually increase. A negative earnings surprise will usually result in a decline in share price.

Related Terms:
Analyst
Consensus Estimate
Earnings
Earnings Estimate
Earnings Recast
Hiccup
Institutional Brokers' Estimate System - IBES

• Surrender Charge
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• Surtax
• Survivorship Bias
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• Sustainable Growth Rate (SGR)
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• SVC
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