About 'mid-single digit(s)' and 'low single digits'
This question is about the meanings of mid-single digit(s) ,low single digits and high single-digit.
Here are the sentences they appeared in:
1,Last year,the industry was able to get increases in mid-single digits. Does 'mid-single digits' mean '5%'?
2,Carbonari said in an analysts' call that "Europe we see continuing to be down, down probably low single digits Does 'low single digits' mean 'less than 10% but more than zero'?
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Which is correct?I need your answer.
By the way, in sentence 2 what the meaning of "in an analysts' call"? Does it indicate that sb has a talk with a analyst through telephone? I'm not sure..
Thanks all very much.
Top answer
Hi, This question is about the meanings of mid-single digit(s) ,low single digits and high single-digit. Here are the sentences they appeared in: 1,Last year,the industry was able to get increases in mid-single digits. Does 'mid-single digits' mean '5%'?
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By the way, in sentence 2 what the meaning of "in an analysts' call"? Does it indicate that sb has a talk with a analyst through telephone? I'm not sure.. It could, but more likely it is referring to one of the quarterly conference calls that most companies do every time they report earnings. Only analysts are alowed to dial in and ask questions, but the calls are public and can be listened to at