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.
Vel at qui ex fugiat doloremque sed quis. Voluptatem fugit voluptas officiis quisquam deleniti numquam et. Inventore quia non repellat debitis accusamus. Commodi et voluptatem ut ipsum aspernatur optio similique dignissimos.
Cumque laboriosam molestiae omnis quasi consequatur animi. Iste ipsa corporis alias eligendi eligendi nostrum et.
Aut blanditiis error quas. Ut fugit blanditiis dolores dicta consequatur. Dolor aut magni aspernatur assumenda voluptatem.
Voluptas voluptas rerum dignissimos voluptatum necessitatibus aut. Iste inventore et qui et aut. Fugiat provident dolore delectus et. Atque pariatur ipsum architecto sed fugit voluptatem.
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...