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Business, 05.05.2020 08:19 chocolate12377

Stockbridge Sprockets Inc. earned $2.25 per share last quarter, and $2.50 in the last quarter of 2019. Because of declining demand for sprockets, analysts’ consensus estimates for the company for this quarter are $1.90 per share. If the company’s actual earnings announcement is $2.00 per share, absent any other news, what could the price of the stock be expected to do following the announcement?

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Stockbridge Sprockets Inc. earned $2.25 per share last quarter, and $2.50 in the last quarter of 201...
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