British Airways owner International Consolidated Airlines Group SA (LSE:IAG) is holding a capital markets day event next Tuesday, designed to help boost understanding of its strategy and boost the shares, but some companies can not always succeed.
London Stock Exchange Group, for example, is holding a two-day event this week, and while shares are higher analysts have expressed some disappointment that it is a bit vague - although sometimes too much detail can be harmful, as in THG's disastrous event two years ago.
IAG saw its shares fall after reporting record third-quarter numbers last month, even though some analysts had described the results as "fantastic".
One said the FTSE 100 company's performance had been beyond expectations but another said investors were likely to be wondering if this was "as good as it’s going to get" for the company - which could mean the CMD is well timed.
Ahead of the event, analysts at UBS said they think the company will set out new medium-term targets as well as the "building blocks" for the 2024 financial year.
"We expect industry consolidation, balance sheet position and update on strategy for each operating company to be the key focus," they added.
The analysts also said they think introducing a broader management team "is important for the investment story".