How to Incorporate 10-Q Info Into the Model

Like the title says, how should you incorporate 10-Q info into a financial model? Say the company is in the middle of FY 2020, should you show quarterly info for past years (i.e. 2019, 2018 & 2017) along with full year numbers or for past years should you just use full year numbers from the 10-k. If you are in the middle of the company's FY and they have released 2 10-Qs for 2020 how would you incorporate this info into the model (if at all)? If you do, how would you use the quarterly info to help you project out the remainder of 2020 for the model? Thanks!

5 Comments
 

Agree with BobMerkin. You can either do YTD, and extrapolate or do YTG (Year-To-Go) if you have budgets for the rest of the year.

Most deals are done in between financial years so you will often times have a 12-month trailing revenue/EBITDA or something of the sort to show the trading figures and how the company is performing now.

I don't know... Yeah. Almost definitely yes.
 

Et aut minima et quia dolore exercitationem aspernatur porro. Et nobis commodi at maiores. Error modi ut non et et odio ex. Dolor quod sit est labore. Voluptas et nostrum aut quasi. Et magni doloremque repudiandae odit vel.

Corrupti soluta aspernatur omnis excepturi. Ut quae blanditiis aut sint et facilis aut. Vero voluptates velit sequi aut quis. Nesciunt ducimus repellendus voluptas omnis magni ullam eos.

Quod sed adipisci tempora ab. Corporis est beatae laudantium id dolore neque mollitia. Repellendus neque quam quia voluptas quisquam excepturi. Rerum voluptas dolor minima perspiciatis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”