Calculate the SUE for a stock with actual quarterly earnings of $0.50 per share and expected quarterly earnings of $0.30 per share. The standard error of estimate is 0.05. Is this a good buy?

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the SUE for a stock with actual quarterly earnings of $0.50 per share and
expected quarterly earnings of $0.30 per share. The standard error of estimate is 0.05.
Is this a good buy?

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