Google Answers: Companies changing the earnings release date

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Q: Companies changing the earnings release date ( No Answer, 1 Comment )

Question

Subject: Companies changing the earnings release date
Category: Business and Money
Asked by: curiousvan-ga
List Price: $5.00

Posted: 24 Jul 2004 09:36 PDT
Expires: 23 Aug 2004 09:36 PDT
Question ID: 378536

when companies move the earnings announcement date in, is it usually
because of good or bad news?

Answer

There is no answer at this time.

Comments

Subject: Re: Companies changing the earnings release date
From: neilzero-ga on 24 Jul 2004 13:17 PDT

My guess is one is as likely as the other. A windfall just before the
early releace date makes the shortened period look even better due to
averaging over fewer days. Bad news being kept from the media might
cause an early releace date so the shareholders get the report before
the bad news escapes.  Neil

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