Which of the Following Is Not True Regarding Earnings Estimates

question 88

Multiple Choice

Which of the following is not true regarding earnings estimates?

• A) Some companies provide guidance on forthcoming earnings announcements.
• B) The guidance number plays a major role in the consensus estimate.
• C) The variance of actual reported earnings from the consensus had typically constituted the "whisper" forecast.
• D) All of the above are true.

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Definitions:

Economic Deprivation Theory

A theory suggesting that crime and deviance are a result of economic struggle and lack of access to financial resources.

Status

The relative social, professional, or other standing of someone or something within a hierarchical structure.

Legal Drugs

Substances approved by law for use, which can include prescriptions, over-the-counter medications, and certain recreational drugs.

Illegal Drugs

Substances whose production, sale, or use is prohibited by law.