Trump Says Companies Should Report Earnings Every Six Months
President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses time and money.
“Subject to SEC Approval, Companies and Corporations should no longer be forced to “Report” on a quarterly basis (Quarterly Reporting!), but rather to Report on a ‘Six (6) Month Basis,’” Trump said in a social-media post on Monday, referencing the Securities and Exchange Commission. “This will save money, and allow managers to focus on properly running their companies.”
The SEC didn’t immediately return a request for comment
😂😂😂😂😂😂😂😂
This doesn't matter if investors want to see reporting every quarter, the firm will do what investor's want. Conference and earnings calls are not mandatory either, but any firm worth anything will still do them, because at the end of the day, that's what investor's want to see.
Lmao
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