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REDDIT
Why do research analysts prepare "expectations" for company quarterly results?
↗ https://reddit.com/r/investing/comments/1j82kna/why_do_research_analysts_prepare_expectations_for/
Why do analysts publish how they think a company will perform each quarter? If they're right or wrong it doesn't change anything and if they're wrong the stock always drops. Seems like there is no upside.
A lot of frustration in life (not just investing) is unmet or unrealistic expectations. So why do it? What/who *specifically* benefits from these?