Earnings Forecasts: To Guide or Not to Guide?

Boards of directors and management currently face the question of whether, and how, to provide guidance in an unprecedented economic environment. Recent, rapidly changing market conditions, stock market declines and historically low business confidence levels are causing many public companies to rethink whether they can responsibly provide earnings guidance. Attorneys Lisa A. Fontenot and Brandon W. Loew summarize the considerations and recent approaches taken by some of the largest U.S. public companies.

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