A corporation’s earnings report can have a devastating effect on its stock price if earnings just barely fail to meet the company’s projections. If a company misses its earnings estimates by only a penny a share, investors may hammer its stock, thinking that the company would have used every accounting trick in the book to meet the projections. Therefore, the reasoning goes, missing projections by a penny a share must mean trouble’s a-brewing. Such pressure from Wall Street can force companies to do anything to meet short-term earnings targets, possibly at the expense of longer-term growth. In one survey of more than 400 financial executives, about 80% of the respondents said that they would cut discretionary spending on things like research, development and hiring in order to rein in costs, meet projections and satisfy Wall Street’s demands for hitting quarterly earnings targets.
Some have suggested that companies should stop putting out estimates of quarterly earnings and perhaps instead provide more meaningful communication for investors to understand longer-term business strategies
How real are Earnings on Wall Street?
Debt Collection News
Connect and Learn: A New Advocacy Path for 2021
January 18, 2021ACA International's state and federal advocacy teams are focused on connecting with new members of Congress and state legislatures. Editor's note: ...That's a Wrap: How to Access the ACA Huddle CFPB Rule Series
January 18, 2021Recordings and slide presentations are all available now on ACA's website, exclusive for members. Tune in to Wednesday's ACA Huddle for an update ...Debt Collection Services Market May see a Big Move | Major Giants Katabat, Alexander, Miller ...
January 18, 2021Some of the key players profiled in the study are ACA International, IC System, Prestige Services Inc., Pioneer Credit Recovery, Inc. (Navient ...HOT TOPIC: When Each Call (and Email) Counts: Meeting the CFPB 7x7 with Intelligent Contact ...
January 18, 2021E-mail your cancellations to memberservices@acainternational.org. About ACA International. WHO WE ARE. Mission Statement
Get Quote
The probability of collecting an account 61+ days past-due is only 60%
Debt Collection Tools
Get In Touch
- Toll Free: 800-755-7111
- Email: sales[at]burtcollect[dot]com
- Contact us
- Get a Quote
Collection Agency Accreditations
Burt & Associates is excited to be recognized by the commercial collection industry. More important to us is being recognized by our clients.