Earnings Season Q2: Electric Boogaloo
It feels like only yesterday that our team of writers and analysts were cowering, bleary-eyed and exhausted, in the corner of their rooms following the end of yet another busy earnings season.
And here we are again, getting ready for Q2 reports as the big banks already get us underway. The first company on MyWallSt’s shortlist is Ericsson (ERIC), which unveils its Q2 numbers tomorrow morning. But things really get heated next week when Netflix (NFLX), Twitter (TWTR), and many more start reporting.
But that’s when investors might really start to get confused!
We're long-term investors here at MyWallSt, and as such, we try not to put too much emphasis on this twelve-week hamster wheel. In most cases, the information presented by management has very little real impact on our long-term theses and can only serve to distract you if you're not careful.
That said, it's important not to completely ignore these reports either as they can often contain important long-term updates. It’s also our chance to take a temperature check on our investments and it would be wise not to waste that.
We're aware that these earnings reports can look extremely intimidating to the uninitiated, so to help you out, check out these two articles we've previously written on the subject:
Are we missing anything here that you'd like us to explain? Let us know by getting in touch via the 'Contact Us' button in the menu.