Glamsplainin' the Earnings Report

MARKET COMMENTARY FOR July 11, 2018


Woman-sitting-desk.png

An earnings report is to a publicly traded company what a look book is to a fashion brand...or what Kanye is to misunderstood rap. It’s a representation of the current financial story of the company and is released at the end of every quarter (season).

The SEC (Securities and Exchange Commission) , is the entity runnin’ things like Vogue and Anna Wintour...but for Wall Street. They require public companies to file a 10-Q, which contains financial info such as the company’s balance sheet, income statement, cash flow...basically 100 pages of a ton of math strategically placed in charts and graphs...because that’s always cute. It also includes management’s take on the condition of the company, any market risks the company might face and information about any lawsuits. Companies will send out a press release, a cheat sheet for the 10-Q, which we call...wait for it...the earnings report!

At the end of every season, there is always buzz about the earnings report. The report includes a brief snippet from management and key financial info like revenue, net income, cash flow, earnings per share and EBITA (Earnings before interest, taxes and amortization).

We’ll glamsplain these terms over the next few weeks so don’t get scurred.

business-women-group-silhouette-clip-art-1771623.jpg

Squad Goals

We Ask and Our Squad Answers
Our squad is comprised of ten Wall Street experts from the top asset management firms. Each week we ask them a question, and they poll in!

Do you think we are at the top of the market expansion?
100% of our Savvy Squad says NO.

80% explain that we have a little more expansion before the top.

Agree with the squad? Tell us on Twitter #SavvySquadPoll

Heads Up

  • Q2 (Second financial quarter) is officially over and you know what that means!!!! Earnings season! Stay tuned for the next few weeks as we Glamsplain™ our way through Q2 earnings.

Marlon Bovell