The profit forecast
Example: Profit forecast estimates future earnings based on current financial data
Definition
"The profit forecast" refers to an estimate or prediction of a company's future earnings based on analysis of current financial data and market conditions. It helps businesses and investors anticipate profitability and make informed financial decisions.
Etymology
The term "the profit forecast" combines 'profit,' derived from the Latin 'profectus,' meaning advancement or benefit, and 'forecast,' originating from Old English 'fore' (before) and 'cast' (to throw or calculate). Together, they form a phrase used in finance to denote predictions about earnings.
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"The profit forecast" appears in the Vocaplus list "English - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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