Thus, 20% of NIRI Micro-cap-member companies do not publish guidance. Mid-cap companies publish guidance most frequently. It is interesting to note that, according to the study, 18% of Mega-cap-NIRI-member companies also do not provide guidance.
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EY – Building a better working world
Source of Datas: NIRI Analytics: NIRI Earnings Process Practices Research Report, page 9. https://go.ey.com/379DmOr