The reporting season

Releases and their days

A US company announces its quarterly results in a press release filed with the SEC on a Form 8-K (Item 2.02, results of operations). The lab dates each release by the trading day the market first sees it: the filing day, or the next business day if it was filed at or after 4 pm New York time or on a weekend.

The cycle

Companies report on different days, and one with a fiscal year off the calendar can report twice in a calendar quarter. So the replay does not use the quarter to decide who has reported. A company counts as having reported in the current cycle if it released within the last 45 days, the same window the lab's research uses to put two releases in one season. The quarter you pick only sets the days to step through.

What the bar shows

• The day, how many linked companies report that day, and how many have reported in the last 45 days.
• The read-throughs due: links where one side has reported in the current cycle and the other reports within 3 days. The count pulses while any are due. Click it to list them in the panel, due first, then those due later, then those whose date is not known yet.

On the graph, due read-throughs are the brightest amber lines and the companies about to report are ringed. See dependency strength and earnings read-through.

Hindsight

The replay knows each company's next release day because it is in the record. On the last days of the record, that day is not known yet. Calling out read-throughs as they open in the present would need an earnings calendar of upcoming dates, which this page does not have.

Press play to step through the days, or drag the slider. Choose off to leave the replay.