Modeling Quarterly Figures from Full Year Guidance
As I continue to work on my modeling skills I need some guidance on how I should handle quarterly figures. I recently completed a modeling exam for a boutique ER team. In the test they had me update the first-quarter results and using the full-year guidance update Q2, Q3, and Q4 forecasts.
Should I be using the historical % of revenue that each quarter represents of the year?
I haven't found many courses or videos dedicated to quarterly figures, if anyone has a suggestion it would also be appreciated.