Survey Results: Earnings Guidance
1. Does your company: (Total responses: n=71)
(select only one) |
| n=0 (0.00%) |
Provide monthly earnings guidance |
| n=13 (18.31%) |
Provide quarterly earnings guidance |
| n=20 (28.17%) |
Provide annual earnings guidance |
| n=14 (19.72%) |
Provide quarterly and annual earnings guidance |
| n=4 (5.63%) |
Provide earnings guidance selectively |
| n=20 (28.17%) |
Not provide earnings guidance at all |
2. If your company provides earnings guidance, have you considered
(within the last 2 years): (Total responses: n=35)
(select only one) |
| n=19 (54.29%) |
Reducing the frequency with which guidance is provided |
| n=2 (5.71%) |
Increasing the frequency with which guidance is provided
|
| n=14 (40.00%) |
Discontinuing the practice of providing earnings guidance
|
3. If your company provides earnings guidance, have you considered
(within the last 2 years): (Total responses: n=46)
(select only one) |
| n=7 (15.22%) |
Increasing the detail of the guidance provided |
| n=17 (36.96%) |
Decreasing the detail of the guidance provided |
| n=22 (47.83%) |
Making no change to the detail of the guidance provided |
4. If your company has discontinued earnings guidance, were the
results: (Total responses: n=16)
(select only one) |
| n=7 (43.75%) |
No changes can be attributed to discontinuing guidance |
| n=1 (6.25%) |
Increased stock price volatility |
| n=1 (6.25%) |
Reduction in analyst coverage |
| n=3 (18.75%) |
Shift away from a short-term, quarter-to-quarter focus |
| n=4 (25.00%) |
It is difficult to judge the impact of discontinuing guidance
|
|
