Guidance
At Corbin, the question is not “To provide or not to provide guidance?” but rather, “What kind of guidance should we provide?”
December 8, 2023
November 21, 2023
Closing the Quarter – Q3’23
As 2024 comes in focus, we will see another batch of conservative annual outlooks, which will serve to calibrate expectations and further support the decoupling of the macro from the markets. Next year will be dynamics for many reasons, but mainly because we have a U.S. Presidential Election, which is sure to influence sentiment and spending behavior.
November 17, 2023
Closing the Quarter – Q3’23
With Q3 2023 earnings season in the books, we “Close the Quarter” with some notable themes:
November 17, 2023
November 10, 2023
This Week in Earnings: Consumer Discretionary – Q3’23
In this week’s Sector Beat, we analyzed annual revenue and EPS guidance provided by Consumer Discretionary companies with market caps greater than $500M that have reported to date.
November 3, 2023
The Sector Beat: Consumer Discretionary – Q3’23
The markets welcomed a pause in interest rate hikes after the Fed’s Wednesday briefing, but the net effect of higher-for-longer rates on the consumer is anything but reason to celebrate.
We expect the next few quarters will be very telling, particularly as consumers drift through the holiday season and executives prepare to provide their 2024 outlooks. Indeed, with less than two months remaining in 2023, investor attention is increasingly focused on expectations for next year.
November 3, 2023
This Week in Earnings: Industrials – Q3’23
We analyzed annual revenue and EPS guidance provided by 30 industrial companies with market caps greater than $500M that have reported to date.
October 27, 2023
The Sector Beat: Industrials – Q3’23
Earnings season is moving fast and furious with the latest batch of results and guides indicating more pronounced weakness than what the markets were expecting and certainly relative to the strong Q2 GDP print published this week.
October 27, 2023
The Sector Beat: U.S. Banks – Q3’23
No matter what happens, it is increasingly clear that guiding the Street for 2024 will be a larger-than-normal challenge for many companies — especially for the Banks.
Conservatism will again be the strategy and as we have consistently shared with our clients since Q3 2021, bullish on our company, not on the macro!
October 20, 2023
