High Sensitivity to Earnings Miss
Luis Silva2023-01-30T23:41:24-08:00High Sensitivity to Earnings Miss Dryden Pence, Chief Investment Officer at Pence Capital, said he expects “volatility to the downside” for shares of companies that report fourth-quarter results that do not meet analyst estimates, adding that earnings misses will “probably not be forgiven” the way they may have been in the previous two quarters. Source: Reuters TV Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management [...]