Tulosennusteen
Tulosennusteen is a Finnish term referring to an estimate of a company’s future profitability. It encompasses metrics such as expected net income, operating profit, revenue and earnings per share for a defined period, typically the upcoming quarter or year. Tulosennusteen is commonly issued by a company’s management in earnings guidance or annual guidance, and can also be produced by financial analysts as part of market research. The aim is to inform investors and other stakeholders about expected financial performance, subject to uncertainties.
Construction and assumptions: Forecasts are based on assumed macroeconomic conditions, market demand, pricing, cost development, currency
Types: management-provided guidance; consensus forecasts aggregating multiple analysts; and independent forecasts. They may be forward-looking statements
Regulatory and practical aspects: In Finland and EU, forecasts must be clearly labeled as forward-looking and
In use: On stock exchanges, analysts compare actual results to tulosennusteen to gauge performance; discrepancies can