 |
 |
|
|
|
||||||||||
|
||||||||||
|
|
|||||||||
|
||||||||||
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
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 | April 11, 2007 07:01 am
© CFO Publishing Corporation 2009. All rights reserved.