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Earnings releases, calls & guidance · Working

Meet and maintain

Also called: in-line quarter

ELI5

Reporting broadly in line with expectations and keeping guidance unchanged.

Used in conversation

“Which version of meet and maintain should the board treat as current?”

Pitch context

You will see “Meet and maintain” in annual reports, earnings decks, filings and investor presentations when the discussion reaches earnings releases, calls & guidance.

Why it matters: In earnings releases, calls & guidance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 5

Direct term-level sources and supporting source families.