Q: The information I have, they have beat their forecast in the last 3 quarters by a wide margin. If this is the case, who sets the forecast, if it is the company, do the low ball their forecast. Also, Yahoo Finance shows a 3% dividend, is that paid quarterly.
5i Research Answer:
GSY has beaten estimates in five of the past six quarters. The company will talk to analysts but cannot give out non-public information. Most companies build in a cushion on guidance so that they can beat a lowered bar. This is why when companies 'miss' investors panic a bit, because they presume the bar has already been set low. GSY dividend is 96 cents, paid quarterly.