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Block, PayPal, Carvana, Twilio and more

CFO News Room

Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 Carvana — The online used car retailer stock dropped more than 8% after the company reported disappointing third-quarter results on the top and bottom lines, according to consensus estimates from Refinitiv. Starbucks — Shares rose 2.3%

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Starbucks, Twilio, Carvana, DoorDash and more

CFO News Room

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. On Friday, Cowen downgraded the communication tools company to market perform from outperform, citing deteriorating macro trends. PayPal — PayPal slid 5% after lowering its annual revenue growth forecast.

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Retail Trade Groups Test Post-Pandemic Strategies

PYMNTS

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

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American Express, Intel, Silvergate Capital and more

CFO News Room

The company also forecasted a loss for the current quarter. Colgate sees low- to mid- single-digit earnings growth for the full year, compared with forecasts for 7.6% KLA — Shares of KLA, a semiconductor manufacturer, shed about 5% after giving a weaker-than-expected fiscal third-quarter forecast.

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UK Agencies Paint Stark Reality For Retail

PYMNTS

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

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Scenario Planning in Uncertain Times

Centage

During turbulent times, your business can forecast and do scenario planning for the future with our forecasting and scenario planning tools at Centage. What Is Financial Forecasting? It is important to keep a forecast up to date as forecasting further out increases the chance of inaccuracies.

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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

How to Build a Business Case for Dynamic Financial Planning and Forecasting (Infographic), Sep 2014 6. 70% of companies measure the efficiency of the FP&A , 63% of them do it based on forecast accuracy and 59% - based on budget accuracy. People FP&A team in general is not numerous with a median number of staff equaling to 5.