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Questions tagged [corporate-earnings]

The tag has no usage guidance.

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1answer
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Understanding a Cashflow 2017 10-K statement

First time post question on this platform, let me know if I shall move to the quantitative finance or this is the right place afterall. I am reading Analog Devices 10-K and could not really wrap my ...
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1answer
80 views

What stock(s) denote the unofficial start of “earnings season”?

I have heard AA (Alcoa Corporation) and JPM (JP Morgan Chase) mark the start of "earnings season" is there any other consensus?
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150 views

Understanding corporate earnings manipulation

While reading earnings manipulation on investopedia, I came across following sentences: Another form of manipulation is to change company policy so more costs are capitalized rather than expensed ...
3
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1answer
179 views

Are the CEO's earnings different from the company's earnings?

I am a resident of Ontario and I am planning to go to University in September. Upon applying for OSAP I was asked what my monthly salary while in school will be (excluding time away from school). I ...
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2answers
100 views

Why do public companies give guidance in quarterly reports? [closed]

Warren Buffet and James Dimon recently published an article in the WSJ saying public companies shouldn't give guidance in quarterly reports. From what I understand, they're saying that if a company ...
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1answer
35 views

Would earning reports or other filings for a retail outlet include a breakdown of sales by category?

I am evaluating stock traded on NASDAQ for a retail establishment. I want to learn what portion of this establishments sales come from different departments. For example, I want to know if 20% of ...
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3answers
5k views

If a company that doesn't pay dividends makes a large profit, where does it go?

Does the company have a responsibility to reinvest all of it? Can a company have a lot of money just sitting around? Is that grounds for shareholders to sue? If a company has a lot of money just ...
4
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1answer
2k views

Better way to calculate earning growth rate to have quick glance on company earning quality

I was wondering, what is a better way, to calculate earning growth rate, to have a quick glance on company earning quality? In ycharts, according to https://ycharts.com/glossary/terms/eps_growth , ...
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2answers
74 views

Are reinvested profits still “profits”?

Let's say I run a restaurant for a quarter and the cost of a served meal includes the ingredients, service labor, and utilities and monthly mortgage payment for the restaurant building, totaling $8.40....
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1answer
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Earnings Calendar Fiscal Quarter Ending

Taking a look at the earnings calendar on the Nasdaq site I stumbled upon the column "Fiscal Quarter Ending". I see that some companies that report earnings on the 21st of November (http://www.nasdaq....
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1answer
359 views

As a contractor, if my business makes no net profits, do I owe taxes?

Have been working full time, switching to at least part time contract work. I'm looking at starting a company and having all my contract pay go through it. Assuming I'm also working at least part ...
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3answers
2k views

Where can publicly traded profits go but to shareholders via dividends?

Some companies don't pay dividends. Some companies accumulate money like the offshore "exiled" or expatriated cash piles of the likes of Apple and friends. So I suppose that corporate profits can be ...
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0answers
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How common is it for an executive to sell more than $50k in shares without filing a 10b5-1 plan?

So with regard to the Equifax hack and the sale of shares by three executives, we've read that: Filing a 10b5-1 plan and selling shares on a set schedule is an affirmative defense against insider ...
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5answers
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Does a company's stock price give any indication to or affect their revenue?

Assume you are looking at a tech company and that it only makes money through advertising space, i.e. no tangible goods are sold. If the company reported a loss at the previous quarter when the stock ...
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0answers
44 views

How does one book a currency exchange loss?

How does one book a currency exchange loss? Let's assume: I have an account in GBP. I have an account in USD. I pay taxes in USA. Let's assume following transactions: I made 100k GBP in the ...
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2answers
434 views

Can Warren Buffet's method be distilled into basic steps?

Firstly I'd just like to point out that the following question may flag the reader as some sort of cheap, novice attempt to turn a incredibly complex concept into something fast and easy, like a hack ...
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1answer
87 views

When a company reports it earnings, when does the SEC EDGAR system show the report online?

I am looking at a stock right now Ascent Solar Technologies Inc which according to the Calendar of US Earnings was supposed to report their earnings before the market opened today on August 12. So I ...
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1answer
83 views

How do you compare the sales of a company like Coca Cola against another company like JPMorgan Chase to figure out the best investment opportunity?

I am wondering how to compare companies from the sales perspective. If I take a look into the balance sheet of Coca Cola) and take a look at the sales, they are pretty clear to understand. If I take ...
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1answer
106 views

GAAP or non-GAAP numbers in nasdaq.com?

As can be seen here on nasdaq.com Microsoft's EPS for the last quarter was supposedly $0.69. According to this website MSFT Non-GAAP EPS was $0.69 and GAAP EPS was only $0.39. This means that NASDAQ ...
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2answers
433 views

Why don't companies underestimate their earnings to make quarterly reports look better?

We have a TV on financial news in the office, and I always see reports of companies meeting their earnings estimates or failing to meet them. Even if a company misses the estimate by a very small ...
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2answers
1k views

Price movement behaviour before earnings announcements

Is there a typical price movement behaviour seen before the earnings announcement? Which of my following happens often? As the announcement approaches, Stock holders mostly hedge the uncertainty ...
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1answer
93 views

How disciplined are companies in sticking to the announced earnings announcement date?

My options strategy depends on the earnings announcement date. Do all companies disclose earning announcement dates well before the date? Or do they announce as a surprise? How often do they ...
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1answer
82 views

Which Earnings Figure for Graham's “Stock Selection for the Defensive Investor”?

This question is around Chapter 14 in the Intelligent Investor (Stock Selection for the Defensive Investor). I've read the chapter and I've read blog posts about it. I'm confused. What's confusing me ...
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3answers
530 views

Does implied volatility always rise as earnings announcements approach?

Often, implied volatility of options rise as an earnings announcement approaches. Does this principle hold true regardless of whether the earnings are expected to be good or bad? Also, usually IV and ...
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1answer
100 views

Why do corporate financial statistics vary depending on their source?

I see different values for key corporate statistics on different websites (Marketwatch, Yahoo, Finviz, etc). Which source can one trust? Is it possible to get a good read on a company by researching ...
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1answer
941 views

How to calculate earnings per share for an ETF

What formula is used to calculate earnings per share for an etf like SPY? What do they use for the numerator(earnings)? Is it the earnings of the underlying companies weighted by their percentage in ...
0
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1answer
107 views

are my calculations for PV, NPV, and rate of return right?

Note: This is not a homework. I teach myself some financial principles and I made up this example to find out if I understood these principles. This example is a just a normal example nothing is real. ...
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2answers
2k views

How could a company survive just on operations cash flow, i.e. no earnings?

Is this statement true? A company can usually survive for a time without earnings as long as cash flow from operations covers expenses and provides funds for growth. Doesn't operations profit ...
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7answers
19k views

Why does the share price tend to fall if a company's profits decrease, yet remain positive?

I often see news reports along the lines of "Company X has posted a profit of $100 million, 20% lower than the previous year." This kind of news frequently causes the company's share price to fall. ...
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1answer
184 views

How should a US resident who is a joint owner of a Canadian corporation file taxes?

I am a Canadian citizen living in the US. I am a joint owner (50%) of a Canadian federal corporation that I started when I lived in Canada. The company is online, and receives income from people all ...
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2answers
362 views

Is it wise for an independent contractor to avoid corporation tax by planning to only break even each year?

From what I understand about corporation tax in Canada, you only pay tax when you make a profit. So, if I open up a software corporation and work as an independent contractor, and then whatever the ...
8
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1answer
2k views

Where to find site with earnings calendar?

Is there a website with a company earnings calendar for exchange-listed equities using symbol look-up? I am not trying to backtest a trading strategy, so I'm not interested in historical data. I just ...
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1answer
318 views

Where can I find quarterly earnings-per-share data for the major U.S. market indices? [closed]

Where (on what website) can I find last few years' worth of quarterly earnings-per-share for the Russell 3000? and the Dow?
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1answer
2k views

Time between quarter end/fiscal year end till earnings report

with a public company that is expected to report earnings at a regular interval, how long after a reporting period do earnings usually get announced/released? Real world example would be Fiscal Year ...
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3answers
153 views

Why sales of a company can be more than its earnings

At this link: http://www.thestreet.com/quote/ABX/details/company-profile.html Under per share data: Earnings: 3.36 Sales:14.14 Now Earnings are made up of sales and other stuff. So how comes sales ...
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3answers
2k views

Where can I find a company's earnings history for free? [closed]

I'm looking for a minimum of 5 years, but longer would be better. A single chart or graph would work well. http://www.estimize.com/ has a nice graph with data underlying it but the company's entire ...
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1answer
43 views

Multi-year profit/tax question

Note: this is not about a real corporate issue, I'm more curious than anything about how corporate taxes work. I know this is "Personal Finance", but there doesn't seem to be a site specifically for ...
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1answer
1k views

Calculate EPS yourself

According to finance.yahoo.com, PriceSmart Inc. (PSMT) has an EPS of 2.1 as of May 14, 2012 close. Where exactly do they get the earnings from? I thought I understood the EPS, but when I tried ...
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1answer
133 views

Calculating EPS

I have started teaching myself basic business stuff and have a question regarding calculating earnings per share. Q: [bunch of numbers for revenue, expenses...] At the beginning of year: 80,000 ...
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3answers
27k views

What is the formula for determining estimated stock price when I only have an earning per share number?

I need a formula for determining estimated stock price when I have an EPS number only. For instance, the EPS number "earnings per share" is created using a known number of shares, to solve for the EPS....
6
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1answer
610 views

How companies choose earnings release dates, & effect on Implied Volatility

A company's earnings release date significantly affects weekly or monthly option prices and implied volatility. For companies that typically release earnings on the cusp of monthly options expiration ...
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6answers
7k views

What effect does a company's earnings have on the price of its stock?

I have been trying to figure out the answer to this question this afternoon, and it seems like most people are saying that supply/demand determines the price of a stock. It seems that earnings, which ...
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3answers
2k views

How are startup shares worth more than the total investment funding?

How does Mark Zuckerberg earn his money from Facebook? He is worth $17.5 billion now, but the total funding for Facebook is only $2.4 billion? I don't understand this. Is this the money Facebook ...
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2answers
230 views

Azerbaijan job - Best way to take money from the contract

I am in the process of getting a job in Baku, and have been offered X amount, and been told to pay the taxes on it. My question, given I'd be in Baku 183 days a year, would be how best to pay taxes; ...
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2answers
521 views

Is it possible for a new company to issue dividends in it's first operating year / month? (UK)

One of the more popular tax structures I keep hearing about, is using a company for revenues, which then pays dividends for it's sole owner. According to HMRC, in this case, the following tax ...
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5answers
39k views

Why do companies have a fiscal year different from the calendar year?

There are many companies that have their year end occur on dates other than December 31. What are the advantages to this?
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3answers
167 views

Are quarterly earnings released first via a press release on the investor website, via conference call, or does it vary by company?

Are quarterly earnings released first via a press release on the investor website, via conference call, or does it vary by company?