Profit forecast

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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It prompted GVC to raise its full-year profit forecast by PS10million and cut a planned shop cull by 100, although it still expects to shut a massive 900 branches over the next two years.
Auto Business News-November 8, 2017--Nissan downgrades annual operating profit forecast after inspection scandal in Japan
Honkarakenne Oyj (HEL:HONBS) on Friday revised its profit forecast for 2017 and now expects result before taxes to be in the black, significantly better than a year before, while net sales will be higher than in 2016.
Shares of the company, which also raised its profit forecast for the year ending January 2017, were up almost 3 percent in early trading.
New York (AirGuideBusiness - Business & Industry Features) Mon, Aug 4, 2014 - Car rental company Avis Budget raised its full-year revenue and profit forecast as demand rose in North America and the company raised prices.
Washington, Ramadan 26, 1435, Jul 23, 2014, SPA -- PepsiCo Incorporated reported Wednesday a higher-than-expected quarterly profit and raised its full-year profit forecast.
The business said it was lowering its operating profit forecast by as much as a third to [euro]1bn (PS806m) for this year and by 24% to [euro]2bn euros (PS1.6bn) in 2015.
The International Air Transport Association, or Iata, raised 2013 global airlines' profit forecast to $12.9 billion on the back of falling oil prices, growing trend of alliances and mergers, and said Middle East carriers are expected to post a net profit of $1.6 billion in 2013.
Ryanair could miss its full-year profit forecast as increased competition forces it to cut fares and capacity, while austerity measures in the euro zone and a weak sterling hit demand, Europe's biggest budget airline said on Wednesday.
While the company raised its profit forecast for the year to next March, the 8pc tweak to 1.94 trillion yen was well short of the near record 2.27trn yen result analysts are expecting, according to a report in the Gulf Daily News, our sister publication.
That increased the upper end of their full-year profit forecast by PS10million to PS675million.
The firm increased its net profit forecast for the fiscal year through March to 860 billion yen from an earlier estimate of 780 billion yen, on projected revenue of 21.8 trillion yen.
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