When companies miss their earnings targets, one might expect them to lower expectations and rebuild investor trust slowly. However, many do the opposite. They announced even higher goals for the next period.
Firms raise bar after missing target: Study shows strategic use of overestimated earnings targets
Reader’s Picks
-
The use of emojis in text messaging improves perceived responsiveness and thereby enhances closeness and relationship satisfaction, according to a [...]
-
What archaeological discoveries are considered newsworthy by U.S. media outlets and audiences? A new analysis of “pop-science” reporting reveals topical [...]
-
Between 1632 and 1760, records show that 734 Indigenous children were enslaved in France’s North American colony, historian Dominique Deslandres [...]