Profit Guidance
Written for sgstocksbrief.com.
A statement in which a company tells the market what it expects its own results to be, or warns that they will differ materially from what the market is expecting. On SGX this most often appears as a profit warning issued ahead of the results themselves. Guidance is an estimate made on a particular day from information available then, not a promise, and an issuer is expected to correct the market if the position changes.
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