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Earnings Call

Earnings Season

An earnings call is a conference call or webcast that management holds shortly after releasing results, open to analysts and investors.

It usually starts with prepared remarks from management and continues with questions from analysts. The reasons behind the numbers, the rationale for guidance and management's tone come out here. The stock can change direction during the call, after the results themselves are already out.

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More in the Guide

How to Listen to an Earnings CallThe numbers are in the release; what management thinks of them, and what it avoids saying, is on the call.How to Read an Earnings DayWhy a company posting record profit drops 9% — expectations, the gap, and guidance.