What are earnings reports and how to use the eToro earnings calendar

By Gideon Israel

You follow your stocks daily. You are ready to buy and sell whenever an opportunity arises. Then, out of nowhere, boom, your stock jumps 5%. An hour later another stock plummets 9%. You ask yourself: what’s going on?! Crazy times!

Well, not so crazy. It might just be “earnings season.”

Follow eToro’s Earnings Calendar

What is earnings season

Earnings season is when publicly traded companies announce their earnings. The year is divided into four quarters. About a week or two after each quarter, companies begin to announce their previous quarter earnings.

The year is divided up as follows: 

Quarter 1: January- March

Quarter 2: April-June

Quarter 3: July- September

Quarter 4: October-December

eToro has an earnings season calendar where you can track when each company is scheduled to announce its earnings.

Why should I care about earnings season

When a company announces its previous quarter earnings, we find out two critical pieces of information. First: Was the company profitable? Second: Did the company’s earnings or losses meet expectations?

These pieces of information provide investors with a more accurate picture of the company’s value, and in turn, affect the stock price. 

Market prices reflect investors’ attempts to continuously figure out the actual value of a company. This ongoing effort leads to rises and falls in the stock price of the company due to positive or negative events that impact the company. This could be news occurring in the broader industry of a company, or other economic events which can affect the price of a stock. 

Throughout the year, analysts pore over statistics in an attempt to gauge the actual value and status of a company. Then comes earnings season. If analysts are correct in their valuation of a company, then the earnings will not have a major impact on the stock price. However, an earnings report which falls below expectations, or exceeds expectations, will reverberate in the stock price.

When a company’s quarterly earnings report exceeds expectations, it means that investors misjudged the value of the company. They thought the company was worth less than its actual value. However, the earnings report revealed that the company’s worth is much greater. Therefore, the stock price will jump based on that report.

The opposite happens when an earnings report falls below expectations. Investors realise that the company’s value is less and, therefore, the stock price falls.

Keep your eye on earnings season

If you are an investor, you want to be super focused during earnings season, especially relating to stocks in your portfolio. If you are researching other stocks, earnings season may provide you with indications on whether the stock in question is a good pick.

During earnings season, stocks tend to be more volatile, specifically in the period leading up to the earnings report and in the aftermath. During these periods, as an investor, you want to be on top of things to ensure that you make timely decisions about your financial assets.

We all have many events and responsibilities in our lives. It is not easy to remember when each company is reporting its earnings. eToro understands this. That is why we provide the earnings season calendar which can help you plan in advance and make crucial investment decisions in anticipation of these events. 

Follow eToro’s Earnings Calendar


You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Create your website with WordPress.com
Get started
%d bloggers like this: