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204 The Renewed Bid To End Quarterly Earnings Reports

Slashdot
msmash @ Slashdot · today 12:40 EDT

The Renewed Bid To End Quarterly Earnings Reports

Public companies in the U.S. have dutifully shared financial results with investors every three months for the past 50-plus years. A new proposal hopes to change that. WSJ: The Long-Term Stock Exchange plans to petition the Securities and Exchange Commission to eliminate the quarterly earnings report requirement and instead give companies the option to share results twice a year, the group told The Wall Street Journal. It says the idea would save companies millions of dollars and allow executives to focus o

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