| Quarter End |
Weekday |
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# Days |
Ers |
This chart shows the weekly cycle of earnings releases for the first quarter of 2004.
The first releases occur 10 days after the quarter end. Clearly there is a reluctance to
release results on either Mondays or Fridays. Perhaps that reluctance should be revisited
given that on Wednesday April 28 there were 14 releases, followed by 15 conference calls
the next day! On Thursday May 6, 18 conference calls are scheduled - great if you've something
to hide perhaps but not if you want to receive focussed investor attention.
Source: SNL Financial, Charlottesville VA www.snl.com, 434.977.1600
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