profit warning

British  

noun

1. a public announcement made by a company to shareholders and others warning that profits for a stated period will be much lower than had been expected

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Example Sentences

Rank’s shares—which rallied Wednesday after the U.K. government said it would abolish a bingo duty—dropped 10% on Thursday after the company issued a profit warning.

From The Wall Street Journal

The parent company of FanDuel late Wednesday announced a foray into prediction markets alongside a profit warning.

From MarketWatch

The group last week gave a profit warning as it cautioned over weaker consumer demand in China and the United States, pressuring its share price which has tumbled this year.

From Barron's

However, after the recent profit warning, focus was on commentary regarding the launch of its Valhalla car and anticipated near-term improvements.

From The Wall Street Journal

Ad agency WPP issued its second profit warning since July on Thursday — and its first under a new chief executive — sending its already-battered stock sharply lower.

From MarketWatch