With fewer and fewer companies willing to offer revenue guidance, how can an analyst provide investors with insights that are smart and well informed?
As we’ve been telling you, Intel , Verizon , Kodak, Starbucks , Microsoft and Sun are just a handful of the growing number of companies no longer offering formal guidance.
Of course not every firm provides guidance, but by and large it's a common practice. Well it used to be. "The number of companies no longer offering guidance has increased by 30%,” explains Dylan Ratigan.
And that left us wondering, how does an analyst come up with insights. So we posed that question to Sandler O’Neill analyst Jeffrey Harte.
“It’s certainly a challenge,” he tells us. There are two things we try to do. At the end of the day you have to have a macro-call. And then look at as many data points as possible quarter to quarter.”
Want to know more? Watch the video now!