The Soapbox

00 Hoo

Joined: 08/16/1998 Posts: 2850
Likes: 7284


What? Just.... what?


Companies use "revenues fell short of previous projections" to explain why earnings were lower than expected ALL THE TIME.

Even when revenues go up compared to the previous quarter, revenues can be (and often are) the reason companies have lower-than-previously-forecasted profits (or bigger than previously forecasted deficits).

A board would fire your ass if you said the only problem was expenses and revenue didn't matter because it was up a little bit from last quarter (even thought it was quite a bit lower than you had projected it would be), because it would show you were such a shitty businessperson that you didn't understand the drivers of how companies make money and were completely unable to diagnose the root causes of profitability problems to help your company do so.

(In response to this post by Hoodafan)

Posted: 10/16/2021 at 6:26PM



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Current Thread:
  Who gives a rip about projections -- TomKazanski 10/15/2021 9:17PM
  LOL. You can't be a UVA graduate. ** -- Blah 10/16/2021 12:06PM
  No ** -- WaxHoo 10/15/2021 9:24PM
  Show your work ** -- HokieDan95 10/15/2021 9:36PM
  HooDuh would never, ever, lie by omission ** -- WaxHoo 10/15/2021 8:07PM
  I, for one, don’t know who to believe. ** -- hokie in cville 10/15/2021 7:02PM

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