Which of the following is true regarding earnings estimates?
A) Management at most firms updates estimates monthly
B) Analysts typically rely on the estimates provided by management
C) Some firms have chosen not to provide estimates of earnings
D) Most analysts arrive at very similar estimates of earnings

Question

Quizplus · Accepted Answer

Some firms have chosen not to provide estimates of earnings, as they may prefer to avoid the pressure of meeting short-term expectations and focus on long-term goals.

Which of the Following Is True Regarding Earnings Estimates