Business C1 · Lesson 5A
Every word and expression from this lesson — with definitions, synonyms and examples.
reporting numbers above consensus and lifting the guidance range in the same call
the average of sell-side analyst estimates against which every quarter is silently marked
publish a range wide enough that hitting the mid-point requires no heroics
the framework in which stock returns come from revisions of the market's implied forecast, not from the level of that forecast
the passive form that lets a future re-guide read as an update to the guide rather than a personal reversal
the forward-looking numerical range a company publishes so the market can price its shares
'is expected / anticipated / understood' — the passive verb that guides without committing
the ordered set — expected / anticipated / understood / believed — that signals graduated confidence
'expected', 'understood', 'believed' — the reporting verbs that guide without committing
the confident active sentence that becomes a viral clip when the number moves
the extra option-price the market charges when a CFO's register is over-active
the CFO verb of choice when guidance is unchanged and the market wants to hear so
an annualised extrapolation of the most recent period, useful and quietly misleading
the published forward-looking range that the market prices against
expected → anticipated → understood → believed — a graduated set for graduated certainty
the extra cost of capital charged to a company whose CFO speaks in over-committal active register
gradually re-set expectations lower over several calls before a formal cut