For every publicly traded company, the year end when they announce the performance is the most crucial period for this is when they get to know the market sentiments and their standing in the markets.
The last quarter performance as well as the annual results are the most important reports which will determine the value for their shares based on their performance.
It is not necessary for every company to follow the calendar schedule for monthly and quarter ending or follow the statutory calendar. There are several companies that choose to have their own schedule for month end and quarter ending dates.
Markets demand Wall Street earning forecasts for most of the companies that follow different quarters to report their results. This helps the analysts cover more ground and run comparison with competition while reporting the performance results of the companies.
You ask any investor who wishes to invest in the market in a particular field, he is likely to say that he goes by the Wall Street reports and forecasts. This confidence of the investor has been built over time and Wall street carries a reputation for publishing factual, accurate and in depth analysis that helps traders as well as investors.
Whenever there is a report awaited from Wall Street, the entire community of investors and the markets are found waiting eagerly for the same. There is a lot of media attention given to these publications which other companies find difficult to compete with.
Often there are companies that perform exceedingly well and better their own benchmarks or budgets. Such companies get highlight and known to all the investors in the market through the Wall Street journal and gain from the publicity generated. Similarly every investor who wishes to know what is happening in a particular field needs to tune into one of the reports and he has all the details in front of him.
If you want a ready reckoner of any company’s earnings and performance, you can depend upon Wall Street reports which are authentic and accurate.