Widget Spotlight #6- Earnings Calendar
With FinanceBoards' web-based platform (no downloads needed), you can configure your investing dashboard with any of our 500+ financial data widgets. In the “Widget Spotlight” series, we pick one of these widgets, explain how it works, and go over why it’s a widget to consider adding to your dashboard.
Today’s widget is the Earnings Calendar widget.
It’s widely known that a company’s earnings per share, or EPS, is one of the most important variables in determining a share's price. And it makes sense. A company’s earnings broken down per share is a proportional way of measuring how much money the company you’ve bought shares in is making.
Since lot of this change in price occurs in the hours and days leading up to and following a company’s announcement, keeping up to date on when a stock’s earnings are coming up is vital.
However, since companies announce their earnings on different days, following the earnings schedules of all the stocks you own can be challenging.
Our Earnings Calendar widget lets you keep track of a company’s upcoming earnings announcements and combining it with our other earnings widgets (such as the Earnings History widget, which you can read about here) allows you to gauge whether that company is expected to under or outperform its earnings estimates.
The Earnings Calendar widget displays:
- The consensus earnings per share (an average of the earnings estimates of analysts covering a company). This is the metric to compare the company’s actual earnings to determine whether a company’s short term price will increase or decrease.
- The ending date of the next fiscal quarter.
- The dates of the expected earnings reports for the next quarter, the quarter after next quarter, and next fiscal year.
- The dates of the most recent quarter and fiscal year.
With the summer earnings season in July, most companies have quarterly earnings reports coming up. So, let’s use the Earnings Calendar widget to look at when Apple, a company well known for outperforming earnings expectations, should be announcing its quarterly earnings and thus its earnings per share.
The third column, “Exp Report Next Quarter,” shows us the date, July 25th, that Apple should be reporting its earnings. Apple’s price for a short period after the 25th has a good chance of being influenced by whether Apple outperformed its earnings estimates.
Combining this widget with the Earnings History widget confirms that Apple has outperformed its earnings estimates on a relatively consistent basis (4 of the last 5 quarters, and 11 of the last 12).
Keeping tabs on your stocks’ earnings dates and knowing whether a positive or negative earnings surprise is one way to gain an edge on when to make an investing decision.
The breadth of FinanceBoards’ widgets is much greater than earnings info, though. Signing up for a free account below is a great way to explore all the widgets FinanceBoards offers.
Click here for a seven minute overview of FinanceBoards that includes the steps on how to add widgets such as these to your dashboard.
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Thanks for reading, and stay tuned for our next Widget Spotlight.