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MJPLIFE11

07/27/17 8:54 AM

#418349 RE: squingeqbob #418347

InterDigital (NASDAQ:IDCC): Q2 EPS of $1.46 beats by $0.13.
• Revenue of $135.8M (+78.9% Y/Y)
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redviking

07/27/17 9:02 AM

#418352 RE: squingeqbob #418347

Squinge, not the first time we've seen estimates adjusted at the 11th hour. I sometimes wonder if these late adjustments are more to burnish the 'forecasting' ability of the analysts or to mitigate the good news of an earnings beat. In any case, of what benefit are analysts' estimates if they are not on target until just before actual earnings are announced?