A profit forecast is a prediction or estimation of the amount of money a company is expected to earn in the future. It helps businesses plan and make decisions based on their anticipated profits. Full definition
The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5 - year outlook period. (ibisworld.com.au)
The results helped it raise its full - year profit forecast, but investors apparently focused on disappointing revenue results. (nbr.com)
The company reduced its full - year auto sales volume guidance and lowered its net profit forecast, but left its total operating profit expectations unchanged. (oakmark.com)