PCT Ltd (PCTL)

[beer$$money]

Guidance is a relatively new term that describes an old practice of predicting business expectations. "projections are by no means guaranteed."

Forward-Looking Statements:

This press release contains “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” PCTL undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Such statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated.


Here we'll take a look at this age-old tradition, discuss the good and bad points,
examine why some companies are saying "no more" to earnings guidance

KEY TAKEAWAYS
Guidance is a company's public estimates of its current-quarter and future earnings outlook.
Earnings guidance is used by investors and analysts to adjust their expectations for a company's share price.
Guidance figures can be missed, manipulated, or misunderstood, so they must be given their due diligence.
To protect themselves from lawsuits, companies pair their guidance reports with disclosure statements maintaining that their projections are by no means guaranteed. Earnings guidance is defined as the comments management gives about what it expects its company will do in the future. These comments are also known as "forward-looking statements

An Age-Old Tradition
Providing forecasts is one of the oldest professions. In previous incarnations, earnings guidance was called the "whisper number." The only difference is that whisper numbers were given to selected analysts so that they could warn their big clients. Fair disclosure laws (known as Regulation Fair Disclosure or Reg FD) made this illegal and companies now have to broadcast their expectations to the world, giving all investors access to this information at the same time.

https://www.investopedia.com/articles/analyst/03/012903.asp