# Earnings report > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Earnings_report > Markdown URL: https://mediated.wiki/source/Earnings_report.md > Source: https://en.wikipedia.org/wiki/Earnings_report > Source revision: 1336891729 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) {{Short description|Public disclosure of a company's periodic financial performance}} An '''earnings report''' is a public disclosure issued by a company, typically quarterly or annually, that shares its financial performance with investors and stakeholders.{{Cite web |title=What Are Reported Earnings and What Do They Include? |url=https://ca.indeed.com/career-advice/career-development/reported-earnings |access-date=2025-03-31 |website=Indeed Career Guide |language=en}} Publicly traded companies must provide these disclosures for transparency, as required by bodies like the [U.S. Securities and Exchange Commission](/source/U.S._Securities_and_Exchange_Commission) (SEC). While [financial statement](/source/financial_statement)s—such as the [balance sheet](/source/balance_sheet), [income statement](/source/income_statement), and [cash flow statement](/source/cash_flow_statement)—provide the raw data, an earnings report distills key metrics like [revenue](/source/revenue) and [earnings per share](/source/earnings_per_share) (EPS), adding management commentary and forward-looking guidance. In some regulatory contexts, the term may loosely refer to filings like the quarterly [Form 10-Q](/source/Securities_and_Exchange_Commission_Form_10-Q) or yearly [Form 10-K](/source/Form_10-K). Informally, it is sometimes used as a synonym for the [income statement](/source/income_statement) alone.{{Cite web |title=Earnings Report |url=https://corporatefinanceinstitute.com/resources/valuation/earnings-report/ |access-date=2025-03-31 |website=Corporate Finance Institute |language=en-US}} Earnings reports help investors, [financial analyst](/source/financial_analyst)s, and management evaluate a company's [profitability](/source/profitability) and efficiency. In the United States, companies file [quarterly reports](/source/Quarterly_finance_report) via the Form 10-Q for the first three quarters,{{cite web |title=Form 10-Q |url=https://www.sec.gov/files/form10-q.pdf |access-date=March 31, 2025 |publisher=U.S. Securities and Exchange Commission}} with Annual reports filed via the Form 10-K.{{cite web |title=Form 10-K |url=https://www.sec.gov/files/form10-k.pdf |access-date=March 31, 2025 |publisher=U.S. Securities and Exchange Commission}} An [earnings call](/source/earnings_call) often accompanies these disclosures, where executives discuss results and plans. The release of an earnings report can affect a company's [stock price](/source/stock_price). Strong results that beat expectations may lift prices, while weak ones can cause drops. Companies may also announce [dividend](/source/dividend)s or updates in these reports.{{cite web |title=Why Earnings Season Matters |url=https://www.nasdaq.com/articles/why-earnings-season-matters-0 |access-date=March 31, 2025 |publisher=Nasdaq}} == Potential changes to earnings reports in the US == In September 2025, US President [Donald Trump](/source/Donald_Trump) posted on [Truth Social](/source/Truth_Social) that he believed the US should change quarterly reporting requirements to semi-annually. Around the same time, The Long-Term Stock Exchange said it planned to petition the SEC adopt the change.{{Cite web |date=2025-09-15 |title=Trump renews push to end companies' quarterly reports |url=https://www.bbc.com/news/articles/cm2zye8745do |access-date=2025-09-15 |website=www.bbc.com |language=en-GB}} President Trump argued the move would "save money and allow managers to focus on properly running their companies". However, critics argue the move could reduce transparency among investors.{{Cite web |last=Driebusch |first=Natalie Andrews and Corrie |date=2025-09-15 |title=Trump Calls for Ending Quarterly Earnings Reports |url=https://www.wsj.com/finance/regulation/trump-calls-for-ending-quarterly-earnings-reports-71e3afaa |access-date=2025-09-15 |website=The Wall Street Journal |language=en-US}} The proposal echoes a 2018 op-ed by [JPMorgan Chase](/source/JPMorgan_Chase) CEO [Jamie Dimon](/source/Jamie_Dimon) and chair of [Berkshire Hathaway](/source/Berkshire_Hathaway), [Warren Buffett](/source/Warren_Buffett), which argues against a short-term mindset for businesses and investors. Dimon and Buffett argued the "pressure to meet short-term earnings estimates has contributed to the decline in the number of public companies in America over the [prior two] decades". However, while they advocated for reducing or eliminating quarterly earnings guidance, they were not inherently opposed to quarterly reporting and the transparency it provides.{{Cite news |last2=Buffett |first=Jamie |last=Dimon |first2=Warren E. |date=2018-06-07 |title=Short-Termism Is Harming the Economy |url=https://www.wsj.com/articles/short-termism-is-harming-the-economy-1528336801 |access-date=2025-09-15 |work=Wall Street Journal |language=en-US |issn=0099-9660}} Public companies listed in Europe and the U.K are no longer required to report quarterly earnings following rule changes in 2013 and 2014, respectively.{{Cite web |last=Driebusch |first=Natalie Andrews and Corrie |date=2025-09-15 |title=Trump Calls for Ending Quarterly Earnings Reports |url=https://www.wsj.com/finance/regulation/trump-calls-for-ending-quarterly-earnings-reports-71e3afaa |access-date=2025-09-15 |website=The Wall Street Journal |language=en-US}}{{Cite journal |date=2017-03-01 |title=Impact of Reporting Frequency on UK Public Companies |url=https://rpc.cfainstitute.org/research/foundation/2017/impact-of-reporting-frequency-on-uk-public-companies |language=en |volume=3 |issue=1 |pages=1–20 |journal=CFA Institute Research Foundation |doi=10.56227/22.1.3}} == See also == * [Earnings guidance](/source/Earnings_guidance) * [Quarterly financial report](/source/Quarterly_financial_report) * [Financial statement](/source/Financial_statement) * [Income statement](/source/Income_statement) == References == {{Reflist}} {{business-stub}} Category:Income statement --- Adapted from the Wikipedia article [Earnings report](https://en.wikipedia.org/wiki/Earnings_report) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Earnings_report?action=history)). 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