Chapter 223: Chapter 223

After Summer Spencer finished the call with Eva Harris, she made another call to Spring Spencer.

"Sis, don’t say I didn’t warn you, my cousin Molly Zimmerman is seeing our older brother again."

Spring Spencer was clearly surprised, but didn’t show it at all. She said calmly, "... Really? Why are you telling me?! — Don’t pretend we have a sisterly bond, you know we don’t have that."

Summer Spencer: "... Sis, even if we really don’t, you don’t have to be so blunt."

Angered for a moment, she said sharply, "Molly cost me a billion; do you think I’ll just watch her climb over me?"

The reason was strong enough that Spring Spencer couldn’t help but believe it, saying, "Alright, I get it. I’ll help you get that billion back."

"Really?!" Summer Spencer was overjoyed, "Is my information worth a billion?!"

"Of course, it’s worth every penny." Spring Spencer praised her with a smile, then hung up the phone.

She looked at the night view outside the window, then at the internal financial report placed before her, and exhaled a breath of stale air.

Thinking that in another month she would have to release the new quarterly financial report to the Securities and Exchange Commission, she was still quite happy.

At least the profits shown on the current report were still very high.

After zoning out for a while, she called Cameron Spencer.

By this time, Cameron Spencer and Ava Harlow had arrived in City H to visit his in-laws.

Having just finished dinner, he was staying at the suite of Ava Harlow’s family home.

Seeing that it was a call from Spring Spencer, he answered it with a smile, asking, "Ah Chun, calling at this hour, is there something you need to tell me?"

"I knew nothing could be hidden from you, Dad." Spring Spencer’s face lit up with a smile, "It’s : I’ve looked at the financial reports for the first two months of this quarter, and I think the figures look good. The stock market should respond well."

"Really? That’s great." Cameron Spencer said with a smile, "What’s the company’s growth rate for next quarter expected to be?" ɴᴇᴡ ɴᴏᴠᴇʟ ᴄʜᴀᴘᴛᴇʀs ᴀʀᴇ ᴘᴜʙʟɪsʜᴇᴅ ᴏɴ 𝙣𝙤𝙫𝙚𝙡•𝙛𝙞𝙧𝙚•𝙣𝙚𝙩

Spring Spencer: "... Next quarter? This quarter isn’t over yet. How would I know next quarter’s growth rate?"

Cameron Spencer frowned slightly but still said patiently, "Have you seen what the analysts’ expectations are for the Spencer Group for next quarter?"

Spring Spencer hurriedly replied, "Oh, I downloaded it. I haven’t looked at the analysts’ forecasts yet."

Cameron Spencer said plainly, "Do you need to look? Spring, as the CFO of a public company, you should be fully aware of the analysts’ expectations for our financial reports."

"Actually, financial analysts’ expectations for our company usually include revenue growth rates and earnings per share growth rates, in addition to our company’s fixed asset investments."

"Just looking at financial reports is useless because they reflect past events—they’re historical data."

"The board members, along with the major investment banks holding our group’s shares, and various funds, are not interested in historical data."

"What they want to see isn’t how much money we’ve already made, but how much we can make in the future."

"They don’t even care if the Spencer Group is losing money; they’re more concerned with whether our group still has the potential for rapid growth."

"So the data indicators for public companies focus on profit expectations rather than the profit already in hand."

"And stock prices are not directly correlated with a company’s financial reports."

"For example, sometimes you see a company’s financial report is good, and it makes a lot of profit, but its stock doesn’t rise, and instead falls."

"Conversely, some companies keep losing money, but their stock continues to soar, sometimes increasing a hundredfold in a few years."

"The most important thing in this is profit expectations, which is the company’s future profit potential."

Spring Spencer was absorbed in listening, didn’t speak, and quickly opened the analysts’ profit expectations for the Spencer Group on her computer.

Cameron Spencer continued, "So what I hope you do is find the future profit points for the Spencer Group."

"For instance, the artificial intelligence division you pushed earlier is a very good highlight."

"Even if it can’t turn a profit now, or even in the next three to five years, it will only be burning money, but the stock market likes this highlight."

"Everyone knows that real estate companies have already passed the phase of rapid profit growth and entered a stage of balanced development."

"This state actually doesn’t matter to us as a company; we’re still a very profitable company, but the stock and capital markets don’t like companies that have entered a stable phase."