Exact(4)
Rank: 4. In addition to ranking fourth overall among all analysts in StarMines earnings estimator ratings, Tristone Capital's Waqar Syed took the top spot at estimating profits in Energy Equipment & Services in 2006.
Partly as a result of that, Lilly increased its full-year 2010 guidance for investors, estimating profits of $4.65 to $4.75 a share, up from the $4.50 to $4.65 forecast it issued in July.
For those awards, we ranked the 10 best analysts overall at picking stocks and the 10 best at estimating profits.
In addition to landing the top spot in the health care providers and services industry for the third consecutive year, Citigroup's Charles Boorady leads all analysts in estimating profits.
Similar(56)
Analysts were estimating profit of nine cents a share.
Little attention, however, has been given to estimating profit-maximizing N rates.
Going higher, of course, might erase estimated profits.
Analysts had estimated profits of 5 cents a share, according to Thomson First Call.
In April, the company estimated profits would be 8 cents to 9 cents a share.
Ciena, for example, is trading at 293 times estimated profits for this year.
Tesco, Britain's biggest retailer, stunned the market last year when it revealed that it had overstated estimated profits by £263m by overestimating revenues paid to it by suppliers.
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