Kicking the Guidance Habit
Frustrated, CFOs who still provide EPS forecasts eagerly await the tipping point that will spell the death of quarterly guidance.
Sarah Johnson, CFO.com | US
April 10, 2007
- High Time
Corporations should focus on their core business decisions, and messing around with plus or minus a few cents a share every three months adds value for no one.
Analysts are well educated and well paid. They can come up with perfectly useful estimates without inside help.
A company that doesn't issue guidance is more attractive to me as an investor.Posted by Paul Meisel | Apr 11, 2007 7:01 AM ET


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