Reed Plastics just announced the earnings per share for the quarter just ended were $.45 a share.Analysts were expecting $.51.What is the amount of the surprise portion of the announcement?
A)-$.12
B)-$.06
C)$.06
D)$.00
E)$.03

Name: Reed Plastics just announced the earnings per share for the quarter just ended were $.45 a share.Analysts were expecting $.51.What is the amount of the surprise portion of the announcement? A)-$.12 B)-$.06 C)$.06 D)$.00 E)$.03
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Question

Quizplus · Accepted Answer

Surprise = $.45 - $.51 = -$.06

Reed Plastics Just Announced the Earnings Per Share for the Quarter