A recent article in IR magazine underscores the rising number of firms that have stopped issuing quarterly guidance since the pandemic began in March of this year, adding to an…
Tag: Earnings Guidance
Businesses are Guiding Down Earnings Estimates
According to an article in Bloomberg, “the number of S&P 500 companies saying profits will trail analyst estimates outnumbered those saying they’ll beat them by a ratio of 8-to-1 in…
