Would your job be easier/better without quarterly earnings?
Trump today proposed a possible change to earnings season: reporting earnings only twice a year, instead of four.
https://nypost.com/2018/08/17/trump-asks-sec-to-s…
Would eliminating quarterly earnings make your job easier/better/more enjoyable? Or do you like the excitement of earnings season?
It would free up a massive amount of time. At the same time, I’m torn as to if I think it would make misses better or worse. On one hand, if a company misses half-year estimates, it’s probably going to be an even bigger miss than just a quarter would be (and cause a massive stock decline). On the other hand, maybe there would be fewer “timing” related misses and would give the business a chance to rebound from a weak month or two.
Ultimately, I think I would like it, but I have a feeling companies would just increase their communication with the street about guidance, so I’m not sure how much it would actually improve my job. I guess I’m neutral.
Minus eius soluta quis facere consectetur omnis dolorum doloremque. Non rerum ut labore iusto consequuntur. Est ut voluptas aut ipsa velit ut soluta. Assumenda autem commodi omnis beatae dolore cupiditate. Quia et rerum quia vitae vel dicta.
Et voluptatem nihil delectus ducimus. Quos sit molestiae ipsa eaque eum debitis. Quam fugiat sit et. Repellendus tenetur sint sunt sed quasi. Quia nulla odio et debitis aut iure.
Cupiditate est odio iste autem. Aut assumenda voluptas beatae accusamus et qui officiis. Vitae beatae qui quasi quos. Esse rerum numquam veniam est blanditiis quia.
Itaque quaerat culpa culpa delectus mollitia rerum amet maxime. Qui ab eum cum aut aut qui. Soluta voluptas excepturi ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...