What is the meaning of Surprise (Earnings Surprise)?

Surprise (Earnings Surprise) is a company earnings report that differs, (either positively or negatively) from what analysts were expecting (consensus forecast). This often causes movement in the stock's price.

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APABarry Goldsmith. (2010). surprise (earnings surprise). Retrieved September 29, 2026, from http://smartdefine.org/surprise_(earnings_surprise)/definitions/1164620
ChicagoBarry Goldsmith. 2010. "surprise (earnings surprise)" http://smartdefine.org/surprise_(earnings_surprise)/definitions/1164620 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, surprise (earnings surprise), Smart Define, viewed 29 September, 2026, <http://smartdefine.org/surprise_(earnings_surprise)/definitions/1164620>.
MLABarry Goldsmith. "surprise (earnings surprise)" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/surprise_(earnings_surprise)/definitions/1164620>