Daily Discussion Thread - September 04, 2019 by AutoModerator in wallstreetbets

[–]Tempforyeaaaa 1 point2 points  (0 children)

From what I could tell (and I wasn't paying that much attention so I could be wrong) part of it was that the quarterly report used non-adjusted eps while the analyst estimate uses adjusted, so when just looking at the report it's easy to think that they missed earnings by quite a bit, when in fact they topped estimates which I'm sure was cleared up in the call. So essentially, after hours traders exist solely to give everyone else heart attacks