Investing.com: 5 Findings That Could Affect How You Trade Q3 Earnings Season
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Third-quarter earnings season begins later this week, so in preparation for a slew of new reports we take a look at recent findings from RavenPack that continue to highlight the important information that can be culled from the timing of earnings dates.
Anyone familiar with the Wall Street Horizon DateBreaks Factor or Late Earnings Report Index (LERI), knows that academic research supports the idea that companies that advance their earnings date tend to share good news on their earnings calls, while those that delay tend to share bad news. Stock prices then follow directionally.