The phrase "downward revision" means making a change to something, usually numbers or estimates, to make them lower or decrease from their initial or previous value. Full definition
Some of this latest decline can be traced to the company's recent downward revision of earnings estimates. (contrarianedge.com)
Although we don't see a cause for a slowdown at this time, it is possible a trade war could develop and lead to downward revisions in economic growth. (franklintempleton.com)
The continuing migration of audiences and ad dollars to digital has helped serve as a balm against growing economic fears that have resulted in downward revisions for total spending forecasts. (gigaom.com)