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Profit Forecast
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Profit forecast
A prediction of future profits of a company, which may affect investment decisions.

Profit Forecast
The prediction of the future profit of a company. Profit forecasts are usually made by analysts thought to be experts in the company or industry. Various methods exist for forecasting; experts differ on which ones, if any, work. See also: Technical analysis, Fundamental analysis, Random walk theory.


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Japanese video games giant Nintendo slashed its profit forecasts after it confirmed its new 3D handheld console will not be released before Christmas.
JAPANESE video games giant Nintendo has slashed its profit forecasts after it confirmed its new 3D handheld console will not be released before Christmas.
Despite this year's robust profit forecasts, "I would say it's not time for a big celebration", Bisignani said.
 
 
 
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