Earnings season / earnings report

Earnings season is the weeks after each quarter ends when most US companies report, starting with the big banks around mid-January, April, July and October. Most results land after the 1:30 AM IST close into a thin book, and the guide, not the quarter, moves the stock. PepsiCo usually writes the opening sentence, and the banks report next.

Go on

In MochaLearnLearn how to read US earnings
  • Guidance (earnings guidance)Guidance is a company's own forecast for the next quarter or year, given with results. The quarter was priced weeks…
  • Earnings callThe earnings call is the conference call where management discusses results and takes analyst questions, usually…
  • Earnings beat and missA beat is results above the consensus estimate; a miss is below. Most large US companies beat most quarters because…
  • Net interest incomeNet interest income is what a bank earns on the gap between what it pays depositors and what it charges borrowers.…
  • Pre-market and after-hours tradingPre-market and after-hours are the thin sessions around the US day: pre-market from 1:30 PM IST, after-hours until…
  • Gap up and gap downA gap is a price opening far from where it last traded, with nothing in between. US stocks gap at 7:00 PM IST because…

Where it comes up