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<<I looked up LCAV and found:

Earnings Per Share (EPS)

Last Quarter 0.04
Surprise 99.00%


Q: What does "Surprise 99.00%" mean?>>

I believe (and I may be wrong) that it's referring to the degree to which the last earnings (EPS) exceeded official analyst estimates of earnings.

So if Rent-to-Own Underwear (ticker: EWWW) is estimated by analysts to earn $1.00 in the upcoming quarter and it ends up reporting $1.50, that would represent a 50% "surprise." Of course, the game of estimating estimates seems more and more like a game to me. If I were heading up a public company, it seems it would be in my interest to guide analysts to a lower estimate than I truly expect -- thereby making it pretty likely that there will an upside surprise. These surprises can spur a stock price up a bit.

Microsoft, for example, just about always exceeds estimates. Is it because they just can't get the number right, or because they benefit from surprising the market regularly?

Selena
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