NEW DELHI: Earnings guidance are forward-looking statements provided by a company’s management to the public on what it expects the company will do in the future. In the early days, these were referred to as ‘whisper number’ which was disclosed to selected analysts so that they could warn their big clients. It is now illegal to make disclosures to a selective class of people, and guidance, if given, should be given to all at the same time.
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Tuesday, September 18, 2007
Quarterly earnings guidance - good or bad?
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