This season I’ve been looking for ways to find out about earnings event announcements and remind myself. I won’t be posting dates in the future but I thought I’d share what I have learned for other people who are also new to actively and aggressively looking for earnings results.
Here are the ones that are new to me:
TTD - Aug 6th (short notice) - 5pm EST (Same as AYX, NET, DDOG! LVGO goes earlier by 30min.)
OKTA - Aug 27th - 5pm EST
ZM - Aug 31st - 5:30pm EST
What I learned:
Always get information directly from the investor relations site at each company. I like to use a calendar to remind myself and every site I visited had a button to click that adds the event to my calendar. Very easy! I went a step farther and made a NEW google calendar in my existing account which allowed me to set a default notification rule so I always get a reminder email 28 hours before the actual event. The combination means I just hit a button on the company site and everything is set up. No typing or extra clicks. Even easier!
#1 is great and all but I don’t want to go looking for this information or rely on indirect sources. I noticed all of these companies investor relations sites have an “email alerts” form where you can subscribe! Now the company events are delivered right to me as quick as can be and I can hop over and add them to my calendar. Easy!!
I know this information was probably obvious to a lot of people here, but I didn’t see this laid out for me so I found it out myself. I hope this helps avoid much of the need for earnings date posts on the boards here. Perhaps some cut down version of this could even be added to the rules of the board?
Always get information directly from the investor relations site at each company.
The investor relations site will also send you press releases and blog posts directly if you click the box for them.
In addition, if you ask your broker to send you alerts on your companies, you will get some news stories and even analyst updates about the companies too, although you probably won’t get all the press releases and blogs. (You won’t get those third party news stories from investor relations).
And if you set up a portfolio at Seeking Alpha with alerts, you will get some third party news stories, most of the press releases, and links to all the articles on Seeking Alpha that are about the company (mostly I ignore them as the discussion on our board is usually much better), as well as links to the earnings releases as soon as they come out, and the transcripts of the earnings calls.
There’s something to be said for signing up for all three information sources and then just ignoring and quickly deleting what you aren’t interested in.
I have made it a rule for myself that I need to listen to every earnings call for stocks that I own and take notes during the call. This includes listening to the entire Q&A section of calls which is often longer than the prepared remarks.
Because of note taking, I never listen to the calls live, and want the ability to pause in the call so I can digest what they are saying, or be able to rewind certain parts.
Also, for a stock that I am thinking to buy into I have a rule that I must listen to their previous earnings call before buying in as well.
After doing this I’ve discovered that I feel way more comfortable holding a small portfolio of stocks and do not need to diversify as much. The familiarity itself helps me be more calm during the swings.
Looking back I owned stocks for years where I only looked at the numbers reported for earnings and decided if they were doing well based on market reactions. In many cases I sold or bought stocks for the wrong reasons.
There’s also quite a wide variety of earnings calls and different leadership styles. In some cases the CEO is the star of the show like with Facebook, or with Shopify their CEO does not do any prepared remarks and the CFO is the more important speaker.