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Companies struggle to produce accurate forecasts

Comments (0) | 1 Sep 2008 | Rating Rating (-1 to +1): 0.0

The current economic state is making it difficult for companies to forecast sales, revenue and earnings. Advisers have pointed to broader forecasting weaknesses

Few things are more irritating to an investor than making a decision based on guidance that turns out to be rubbish. A recent study suggests that a majority of corporations may be trashing their reputations with forecasts (and, as a result, guidance) that could be considered more akin to throwing ...

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