Don’t miss this Friday’s Dallas NIRI luncheon on earnings guidance practices.
Featured panelists include:
Marcy Brand, Director of Investor Relations, Southwest Airlines
Roxanne Barry, Former Director of Investor Relations, Zale Corp.
On November 14, NIRI DFW will host a lunch discussion in Dallas about one of the most fiercely debated topics in IR – quarterly and annual financial guidance. Companies, especially those newly public, continually ask themselves questions such as:
- Why should we provide guidance?
- What metrics should we provide? And how much guidance is too much / too little guidance?
- How does guidance impact share price, valuation and other key metrics?
- Does guidance help limit volatility around earnings?
- If we are going to miss our guidance, should we alert the Street?
- What are other companies in DFW doing?
- What are best practices? And are the “best practices” the right practices?
- Will we guide to quarter or annual performance?
As you know, analysts and stockholders want full transparency; they want detailed guidance to help predict company performance. Management would rather limit guidance to keep everyone (inside and out) focused on the long-term strategy – instead of on the short-term numbers. Especially in the often-volatile energy sector, the question of visibility is an important one: how can a company be expected to anticipate—and be accountable for—forces beyond its control?
At our lunch events, we will convene a panel of local seasoned IR practitioners who will share their insights on this topic and will engage with you and others in the audience to hear your views on providing guidance to Wall Street. As a backdrop and to inform our conversation, we’ll discuss the results of research recently completed by NIRI and The Abernathy MacGregor Group.
One CPE credit will be offered for this event.
November 14, 2014
11:30 a.m. – 1:00 p.m.
Lawry’s Prime Rib
14655 Dallas Pkwy.
Dallas, TX 75254