Why Earnings Guidance Matters
Giving guidance may be tedious, but it ultimately makes markets more efficient.
Pure Storage Shares Dive on Weak Guidance
Like other tech infrastructure suppliers, Pure is "seeing signs of a more challenging global business environment."
J.C. Penney Reports Sizable Net Loss, Slashes Guidance
J.C. Penney has moved from "buying to store capacity" to "buying and chasing" into demonstrated sales trends, says CFO Jeffrey Davis.
Scotts Miracle-Gro Cuts Outlook
The lawn and garden company trims its 2017 profit and sales guidance due to poor sales performance at mass retailers.
SunPower Takes Heat for Surprise Loss Outlook
The solar panel company's stock fell 30% after it radically revised its guidance, forecasting a loss of up to $175 million this year.
Monsanto Lowers 2016 EPS Guidance
Lower prices, currency volatility, and regulatory delays are all playing a role in the weaker earnings forecast.
Ryder Reduces Earnings Outlook for 2015
The company's move reflects an elevated level of out-of-service fleet vehicles and lower-than-expected sales of used power vehicles.
Dole Buyout Case Attracts Scrutiny of Financial Projections
Other lawyers will assuredly try to mimic the Dole plaintiffs' claims in future lawsuits challenging merger and acquisition transactions.
Letting Go of Guidance
Is providing quarterly earnings guidance worth the effort? Many companies say no.