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Which is why guidance matters... Most companies are just expected to grow barely faster than inflation, which isn't too hard. But companies with high PE are exp
by colinmhayes 5y ago
Which is why guidance matters... Most companies are just expected to grow barely faster than inflation, which isn't too hard. But companies with high PE are expected to grow much faster. It's not this quarters revenue that matters, but future ones. Guidance is about future quarters. Sour guidance means you're no longer a rocketing tech company.