Why Does the Earnings Calendar Matter?
  • 2 years ago
You might invest in stocks, check charts on Benzinga Pro and try to build a nice portfolio. However, you might not understand what earnings season is all about or what the earnings calendar tells you. Every company that is publicly traded commits to releasing its earnings report 4 times a year, detailing its sales, overhead costs, revenue streams, and total profits or losses. Plus, these firms issue guidance for the next earnings report, indicating to investors where the firm believes it’s going. If the report is positive, the stock tends to go bullish. If not, the stock could falter. Earnings season always garners an intense reaction from professional traders, and you will see movement when companies confirm their earnings date, reporting about earnings is released and when the report is made public. When you use Benzinga Pro, you can check the earnings calendar to see which companies are about to release their earnings reports, but you can also look at when all the companies in which you’ve invested will release their reports. With this information, charts, indicators, and more, you can make informed decisions about your investments with your hard-earned money.
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