Brace yourselves - we "can't cut our way to success" but we're gonna try
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Listen to a recording or the investors call or read the transcript. It will be available before the Around the World. Listen carefully to the answers given at the end when the analysts ask the questions. Tone + the answer will inform you. If you read the transcript, you will still learn. The Around the World will be a curated version.
We just received an email about an around the world session with AB. It is the 27th of October. Days after the investors' call. Wonder what news will be shared and how many of us will be impacted that day.
October 24th is the date of the investors call. I don't think it will be good news.
@5huz+1iYrVMbu If anything the collapse of the pound would do us favours given the bulk of our revenue is taken in US dollars. So if earnings are lowered it’d be because our US business has s**t itself again.
Chin up old Chap!
The next quarterly announcement will be a “trading update,” so don’t expect much in details. Revised (lower) earnings per share guidance (due partly to the collapse of the pound), strategic reviews are on-going, and probably a charge against earnings for a “minor” restructuring as the migration to the “five pillars” continues.
Higher Ed down 5%
Well, despite all the smoke and mirrors around the other businesses, NA courseware drives the bus. Any predictions?