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Maybe but we shouldn't have excessive faith in its wisdom; after all, by cutting its forecast, it admits its previous estimate was wrong.
Although the company raised its forecast, it hesitated to predict how soon there would be an economic recovery.
Reading the football results is like the Shipping Forecast – it has its own cadences and rhythms".
Baker Hughes, earth's No. 3 oilfield services company, cut its first-quarter earnings forecast; it cited weaker demand for its drilling rigs, based on recessionary energy prices.
In its listing prospectus, Minsheng forecast it would make more than 11 billion yuan ($1.6 billion) in consolidated net profit for this year.
Nintendo originally forecast it would sell nine million Wii Us in its last financial year.
After the close, the National Weather Service issued its six- to 10-day forecast; it called for more hot and dry weather for the Corn Belt.
Or perhaps it can be given more time to meet its fiscal targets if recession is deeper than forecast (it usually has been).
"You can forecast it.
No computer was properly programmed to forecast it.
In November GroupM forecast it would grow by 13%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com