Analysts Pushing Google To Be A Bit More Forthcoming

from the our-lips-are-sealed dept

A month ago, when the analysts mis-forecast Google's earnings, many news sources seemed to focus on how Google somehow missed, rather than how this showed that Google really had stuck by its original IPO-filing promise not to give guidance to analysts. Of course, that works great when money is coming in quick and the stock keeps going up -- but now that Google failed to live up to the analysts' own expectations (yes, that statement should be amusing), those analysts are apparently upset and are going to start to push Google to be a bit more talkative concerning expected future earnings. Of course, given Google's past statements on the matter, it seems unlikely that they're going to give in.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  1. identicon
    Kelley Ritchey, 27 Feb 2006 @ 5:24am

    Yes, You Are Right!

    The "no guidance" and consistently beat estimates worked great until it didn't as you suggest. It seems pretty clear that GOOG should at least give some tax rate help-this was the major blunder.

    Otherwise, expect GOOG will be discounted to reflect that fact that analysts are just wildly guessing.

    link to this | view in thread ]

  2. identicon
    Anonymous Coward, 27 Feb 2006 @ 9:41am

    No Subject Given

    Wildly guessing is still more legitimate than making recommendations based on what the investment banking division of their corporation wants them to say.

    link to this | view in thread ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.