In the U.S., almost all public companies report their results quarterly. So...think: "Life runs from Jan 1 to Mar 31; then again, each 91-ish days from there..." So if a given quarter ends, say, September 30, and it takes a month-and-a-half for companies to get their stuff in order, then they "all" seem to report around the second or third week of the second month following the end of the quarter.
In this case, that'd be a whole host of companies reporting results in mid-November. This, our dear friends, is earnings season. Pro investors scramble, trying to hear 15 company conference calls a day for a week or two, and then calm returns to the battlefield.
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Finance: What are a 10K and 10Q?57 Views
finance a la shmoop what are 10K and 10Q filings well as the pros say 10Q
very much yeah you know we had to go there sorry well they're just filings a [Girl filing her fingernails]
different kind of filings legal filings papers or data
well the 10K is the annual report and the 10Q is the quarterly report their
note the Q in there yeah very clever naming their people well we have no idea
why the K is there like shouldn't it have been a 10A fling equals annual
anyway the filings contain the key elements that report to shareholders the [Man giving presentation to shareholders]
progress or lack thereof that the company has made in the period it's
reporting and these apply to public companies people privates don't
necessarily file... well the K the Q have to contain an updated income statement [Income statement, balance sheet and cash flow statement appear]
balance sheet and cash flow statement along with tons of notes on whatever
business metrics the company regularly reports the number of people made sick
by the lemonade the number a coal miner Barbies sold the number of Disney cruise
passengers infected with Legionnaires disease and so on and if you're the CEO [Person puking off the edge of a cruise ship]
or CFO of the company and you don't get your filings in on time well you'll be
doing a different kind of filing so yeah 10K, 10Q they're really important
don't ignore them...
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