Forecast Elements Excluded From The Consensus Financial Glossary
What is it? The appearance of any suffix against a given forecast denotes exclusion from the consensus. The following suffix codes explain why the forecast is excluded B - Warning, i.e. the companys recent announcement of a profit warning has overtaken the forecast, and a revised forecast is awaited. S - Structural change in the company, such as a merger or de-consolidation, renders the forecast obsolete. A - Age - the forecast is old and is overtaken by events, for example it is out of line with a subsequent interim announcement. R - Results actually achieved have overtaken the forecast. This most often appears when preliminary results are announced after the date of the forecast, and the actual result for the period is materially different from what is expected. When this difference is more than 5%, the forecast is excluded from the consensus. If the EPS forecast is within 5% of the actual result, but the dividend forecast is not, then the dividend forecast alone is excluded. D - Different basis. B- Broker is disqualified temporarily from issuing a new forecast by reason of currently acting for the company in a transaction, e.g. a rights issue, or an acquisition.Finance Term Definition Added By: Zoe
The Forecast Elements Excluded From The Consensus definition has been viewed 706 Time(s)!
Send To Friends!
If you'd like to send the Forecast Elements Excluded From The Consensus definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Forecast Elements Excluded From The Consensus. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Cash Surrender Value is The amount of money received when a policyholder surrenders a life insurance policy with cash value.Financial Term Limited Liability is Limitation of a shareholders losses to the amount invested.
Financial Term Debt is IOU, such as bank loans, bonds, commercial paper, government bonds and bills.
Financial Term LTV is Loan to Value - the amount of a mortgage expressed as a percentage of the value of the propertys value or what you pay for the property.
Financial Term Prelims is The Preliminary Announcement, being the initial report to the Stock Exchange of the companys financial results for the year.