"Guidance"
Say this instead: forecast
How "Guidance" shows up at work
Finance and investor relations shorthand that migrated into general corporate speech. When a company "lowers guidance," that is a clinical way of saying the quarter is not going well and someone had to make a very uncomfortable call.
Management updated their guidance for the year after the softer-than-expected Q2 results.
Management updated their forecast for the year after the softer-than-expected Q2 results.
Corporate Rank: Managing Director · Category: Finance & Corporate Jargon
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