With the US economy on the verge of recession, more publicly traded companies than ever are either contemplating eschewing, if they haven't already done so, the practice of providing quarterly earnings guidance in favor of longer-term projections.

For some - small caps that rely on short-term guidance to attract analysts and companies in volatile sectors where forecasting is a challenge - even if such a dramatic shift seems unfeasible, it is worth considering.

Jeremy Fielding, partner at ...