How often will I have to listen to earnings calls and what should I listen for (sentimentally)?

Keeping up with the news is (of course) a huge part of the work being done as an analyst or associate, but how often is that just listening in and taking notes on an earnings call? They present essential information but I wonder about the difference in getting that information updated in models and consolidated immediately in real time vs. a few hours or days later based on research reports.

How often do you listen to earnings calls and what exactly (aside from the numbers) are you listening for?

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