Tag: Forecasts

Corporate Earnings Forecasts Accurate Only 30% of Instances – Bloomberg

More than three out of four financial professionals said there was a strong likelihood that their companies’ earnings would fall within the guidance they give to investors — but this only happens rarely, according to the researchers. The study surveyed 357 CFOs, investor-relations professionals and other executives at public companies in 2021. The paper finds that companies offer accurate guidance…

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