Definition

Noun A formal financial document issued by a publicly traded company that details its financial performance over a specific accounting period, such as a quarter or a year. It typically includes key figures like revenue, expenses, net income (earnings or profit), and earnings per share (EPS).

Usage

An earnings report is a mandatory disclosure for public companies, used by investors, analysts, and regulators to assess the company's profitability and financial health. It is often released quarterly (Q1, Q2, Q3, Q4) and annually.

Examples

• The company's earnings report for the third quarter showed a 15% increase in profit compared to the same period last year.
• Investors eagerly awaited the tech giant's earnings report to see if it met market expectations.
• The stock price fell sharply after the disappointing earnings report was published.

Advanced Usage

• "To beat/miss earnings estimates": To report higher/lower profits than financial analysts had predicted.
  • The firm's stock surged after it beat earnings estimates for the fifth consecutive quarter.
• "To release/post earnings": To make the earnings report publicly available.
  • The corporation is scheduled to release its earnings after the market closes on Thursday.

Variants and Related Words

• Financial statement (n): A broader term for formal records of financial activities, which includes the earnings report, balance sheet, and cash flow statement.
• Income statement (n): Another common name for the earnings report; it specifically shows revenues and expenses over a period.
• Profit and loss statement (P&L) (n): A synonym for income statement/earnings report.
• Quarterly report (n): A report, including the earnings report, issued every three months.
• 10-Q / 10-K (n): Official forms filed with the U.S. Securities and Exchange Commission (SEC) that contain the quarterly (10-Q) or annual (10-K) earnings report and other financial details.

Synonyms

• Income statement
• Profit and loss statement (P&L)
• Statement of operations

Related Phrases

• Earnings season (n): The period, typically following the end of a fiscal quarter, when many publicly traded companies release their earnings reports.
  • Volatility often increases on the stock market during earnings season.
• Earnings call (n): A conference call where company executives discuss the earnings report with analysts and investors.
  • The CEO will host an earnings call at 5 PM ET to answer questions about the results.

Noun

1. a financial statement that gives operating results for a specific period