"A rose by any other name would smell as sweet," argued William Shakespeare's Juliet. But statements by a company about its future performance apparently do not amount to guidance, unless it is specifically called one.
Tata Consultancy Services Ltd’s communication with investors is a case in point. Here’s a sample of some of its statements on a call with analysts and investors: On peak impact of covid-19 in Q1FY21 “..
We believe that the peak negative impact from the current situation would be comparable to the peak impact of the global financial crisis, which happened 10 years back, and it would be in that ballpark, plus or minus a few percentage points." On performance in the second half of FY21 “..