profits warning
noun[C]
(alsoprofit warning)ukusFINANCE
anannouncementmade by apubliccompanythatprofitsin aparticularperiodwill be less thanexpected:
a severe/shock profits warningIn ashockprofitswarningthecompanysaiditsretailbusinesswouldpostasubstantiallossthisyear.
The American consumer-goodsfirmalsoissuedaprofitswarning,itsthird sinceMarch.