When quarterly earnings "miss Wall Street expectations," whose expectations do we mean?

Aug 17, 2022
Stock analysts set these expectations, and stock prices react to whether they are met.
Target's financial results fell short of Wall Street expectations, and the stock lost ground.
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Rethinking how we predict where the economy is going

Feb 19, 2016
Some financial experts think a more sophisticated model is needed.
A trader works on the floor of the New York Stock Exchange October 7, 2008 in New York City. 
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