Meaning of “profit forecast” in the English Dictionary

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"profit forecast" in Business English

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profit forecastnoun [ C ]

uk us

ACCOUNTING a calculation of a company's possible future profit in a particular period made by its managers or by analysts (= people who study companies' financial performance):

The company cut its profit forecast for the current financial year by £25m.

(Definition of “profit forecast” from the Cambridge Business English Dictionary © Cambridge University Press)