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English definition of “profits warning”

profits warning

noun [C] (also profit warning)    
FINANCE an announcement made by a public company that profits in a particular period will be less than expected : a severe/shock profits warning In a shock profits warning the company said its retail business would post a substantial loss this year . The American consumer-goods firm also issued a profits warning , its third since March .
(Definition of profits warning noun from the Cambridge Business English Dictionary © Cambridge University Press)
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