▲ 2 r/ASX
Trading updates and confession season
Hi All, interested in any advice / experience with companies providing trading updates in the so called 'confession season'. As an example, quite a few companies have provided trading updates recently informing the market of changes to earnings guidance. These are companies with a financial year end in June, in advance of reporting their results in August. My two questions are .... 1) do companies continue to provide trading updates in early July or is that considered too late and 2) if a company has not provided a trading update, is it likely their results in August will be within range of prior guidance?
Thanks alot for any thoughts!
u/GoneFishing6500 — 10 days ago