{"id":1653,"date":"2012-11-30T11:11:39","date_gmt":"2012-11-30T02:11:39","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=1653"},"modified":"2012-12-02T11:14:01","modified_gmt":"2012-12-02T02:14:01","slug":"cfo-com-november-issue","status":"publish","type":"post","link":"http:\/\/www.irken.jp\/gn\/?p=1653","title":{"rendered":"CFO.COM (November Issue)"},"content":{"rendered":"<p>\u201cIs providing quarterly earnings guidance worth the effort?\u201d Increasingly U.S. companies are saying no. Quarterly guidance is criticized for \u201cconsuming an inordinate amount of time, rarely hitting the bull\u2019s-eye, and unnecessarily shifting company\u2019s focus to short-term tactics at the expense of long-term value.\u201d While quarterly guidance still remains common, more companies are moving toward \u201cannual guidance with quarterly updates.\u201d According to the National Investors Relations Institute, the percentage of companies providing quarterly guidance has fallen from 86% to 76% since 2009. A McKinsey &#038; Co. study analyzed 4,000 public companies, finding that \u201cquarterly earnings guidance does not result in superior valuation.\u201d Many companies who want to discontinue the practice, however, may hesitate out of fear analysts might assume they were trying to hide something.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIs providing quarterly earnings guidance worth the effort?\u201d Increasingly U.S. companies are saying no. Quarterly guidance is criticized for \u201cconsuming an inordinate amount of time, rarely hitting the bull\u2019s-eye, and unnecessarily shifting company\u2019s focus to short-term tactics at the expense of long-term value.\u201d While quarterly guidance still remains common, more companies are moving toward \u201cannual [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1173,1779,694,1781,1778,1780,1468],"class_list":["post-1653","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-analysts","tag-annual-guidance","tag-mckinsey","tag-niri","tag-quarterly-earnings-guidance","tag-quarterly-updates","tag-valuation"],"_links":{"self":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1653"}],"version-history":[{"count":1,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1653\/revisions"}],"predecessor-version":[{"id":1655,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1653\/revisions\/1655"}],"wp:attachment":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1653"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}