Definition
An earnings report is a quarterly filing (10-Q) or annual filing (10-K) that public companies must submit to the SEC, detailing their financial performance. Reports include revenue, net income, earnings per share, and forward guidance. Earnings season occurs four times yearly when most companies report within a few weeks. Stock prices often move significantly based on how results compare to analyst expectations. The earnings call allows management to discuss results and answer analyst questions.
Example
Company XYZ reports Q3 earnings of $2.15 EPS vs. analyst expectations of $2.00 (a 'beat'). Revenue grows 15% year-over-year. The stock rises 8% in after-hours trading on the positive surprise.
FAQ
What is Earnings Report?
A quarterly financial statement detailing a company's revenues, expenses, and profits.
Why is Earnings Report important?
Earnings Report helps investors evaluate corporate actions and make more informed decisions.