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Discover LudwigThe phrase "average profit forecast" is correct and usable in written English.
It can be used in financial contexts when discussing expected profit levels based on various analyses or projections.
Example: "The average profit forecast for the upcoming quarter indicates a significant increase compared to last year."
Alternatives: "mean profit projection" or "typical profit estimate".
Exact(3)
Analysts' average profit forecast was $1.44 a share, according to Reuters estimates.
The company said it was comfortable with analysts' average profit forecast for the year, an estimate that is within the company's previous forecast range.
With Tyco stock down 53percentt from its peak of $63.21 just over a year ago, it is trading at eight times the average profit forecast by analysts for its current fiscal year, which ends in September.
Similar(57)
First-quarter net profit fell 21%, to 2.0 billion euros ($3.06 billion), but that beat an average net profit forecast of 1.7 billion euros ($2.6 billion) from a Reuters poll of 20 analysts.
The company, one of the 30 stocks that compose the Dow Jones industrial average, raised its profit forecast for the year.
That beat the average £1.06 billion in profit forecast by analysts surveyed by Thomson Reuters.
The regulator's own forecast data shows an average profit per customer of £105 in November 2013.
But EMC's full-year profit forecast fell short of the average Wall Street forecast.
Kohl's lowered its full-year profit forecast to $3.57 to $3.70 a share, below the average Wall Street forecast of $3.76, citing a 10 to 11 percent rise in expenses in this quarter and a 3 to 4 percent rise in the fourth quarter.
Procter & Gamble lowered the high end of its profit forecast for the year after posting a profit that fell a penny short of analysts' average estimate.
3M Slashes Jobs, Profit Forecast.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com