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We expect consensus upgrades.
We expect consensus figures to adjust in the next few weeks.
The Numis analysts said: "We expect consensus forecasts to be cut quite substantially today – possibly by a double-digit percentage.
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In a hold note Investec said: It is difficult for us to give a definitive magnitude of expected upgrades given the lack of detail in the statement, but we would expect consensus earnings per share to rise to at least 32p from 29p currently.
Following these results, we would expect consensus to come down by around 5%-105%-10%
Since there is no consensus about the latter, one cannot expect consensus about the interpretation of the uncertainty relations either.
There is also little reason to expect consensus among individuals on their tolerance of risk.
Jefferies said: We expect modest consensus upgrades and a positive market reaction.
We expect current consensus earnings per share growth to be challenging despite current cost saving measures.
Given the materiality of the change in our case we are disinclined to do so, albeit we expect that consensus may move towards us.
Analyst Julian Yates at Investec said: Overall Arm's results were a good set of numbers and we expect 2015 consensus to nudge up.
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