Tutorial Video (Quick Introduction)
The Analyst Scorecard offers a historical overview of the accuracy of analyst estimates. Here's how to interpret the symbols used:
Purple Circle with a Plus Sign (Beat): The company exceeded analyst estimates.
Green Circle with a Checkmark (Hit): The company met analyst estimates perfectly.
Red Circle with a Minus Sign (Miss): The company’s earnings were below analyst estimates.
Dash (-): No estimates were available.
Understanding Estimate Differences
The estimates on the Analyst Scorecard may differ from those on the Historical Graph and Forecasting Calculators. The Analyst Scorecard locks the estimates at a certain point in time to prevent changes, whereas the Historical Graph and Forecasting Calculators display the most recent estimate revisions.
1-Year Scorecard
The 1-Year Scorecard compares estimates made one year before the release of the actual company results. These estimates are locked in one year forward to provide a clearer picture of the company's predictability. A more predictable company is generally considered a safer investment.
Margin of Error:
Hit: Estimates within 10% of the actual results.
Beat: Actual results more than 10% greater than the estimates.
Miss: Actual results more than 10% less than the estimates.
2-Year Scorecard
The 2-Year Scorecard is similar to the 1-Year Scorecard, but the estimates are made two years prior to the release of the actual results.
Margin of Error:
Hit: Estimates within 20% of the actual results.
Beat: Actual results more than 20% greater than the estimates.
Miss: Actual results more than 20% less than the estimates.
Summary
Pie charts are included to provide a visual breakdown of analyst performance in terms of estimate accuracy. These pie charts show the percentage of estimates that were Hits, Beats, and Misses, offering another perspective on how well analysts have predicted the company’s performance.
Analyst Scorecard Tutorial