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A large percentage of companies used to provide earnings guidance. However, in recent years this trend has been buckling. Big companies such as Costco, Ford, UPS, Coca-Cola, AT&T, Berkshire Hathaway, and Google have given the thumbs-down to regularly positing quarterly forecasts. Even newly minted public corporations fresh from their initial public offerings are skipping the workout. Discuss the pros and cons of such a decision.

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Basic Finance, Finance

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