Original article by Jonathan Shapiro
The Australian Financial Review – Page: 1 & 11 : 8-Dec-15

McGrathNicol has released a report which shows that just 49 per cent of the 104 Australian-listed companies it surveyed have released earnings guidance in 2015, compared with 57 per cent in 2014. The survey also found that the number of companies that met or exceeded their earnings guidance fell from 69 per cent in 2014 to 64 per cent. Factors such as concern about class actions and challenging market conditions in some sectors have contributed to companies’ reluctance to release earnings guidance.

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