Earnings Intelligence, Earnings Dates

Corporate executives and investor relations teams often use strategic timing to schedule and disseminate earnings results. Studies have shown
that earnings delays may signal weak performance,
while advancing the date may be a sign of good news.
Earnings Dates factors track the delay or advancing
of earnings calls of each company.

• Earnings Dates Predictionpositive or negative factor available at the last trading date for each company. It represents whether a verified earnings call date has been modified from its first announcement. +1 means that the earnings call is earlier than the first communication, -1 means that the earnings call has been delayed.
• Earnings Dates Change Eventpositive or negative factor available the day an earnings call date has been modified for each company. Each time there is a modification of an earnings call date this factor has a value of +1 (if the earnings call has been advanced) or -1 (if the earnings call has been delayed).
• Earnings Datescombining the individual factors Earnings Dates Prediction and Earnings Dates Change Event.

Mitigate portfolio risk

identify meaningful schedule changes to anticipate evolving risk conditions

Capture Alpha

trade the information drawn for the analysis of earnings calendar updates.

The Earnings Date factor shows sustained robustness over time for both U.S. Mid/Large-Cap and Small-Cap universes.