WSH in the News

IR Magazine: More companies delayed earnings in Q2 2022 than at start of pandemic, finds research

Read the full article on IR Magazine.


Wall Street Horizon’s Late Earnings Report Index has been ‘trending higher’ in recent months, says firm.

A newly launched index, tracking off-trend earnings announcements from US firms, had a score of 144 for Q2 2022 – higher than the Q1 2020 reading of 133, when companies were ‘grappling with the beginning of the Covid-19 pandemic’.

The Late Earnings Report Index (Leri) from corporate data firm Wall Street Horizon tracks how many earnings date confirmations are later or earlier than their historical norm. A reading over 100 demonstrates more companies are delaying reports – signaling that investors should keep a more careful eye on the market, according to Wall Street Horizon, which says the ‘timing of a firm’s earnings release is one indicator of its financial health,’ citing findings from recent independent academic research measuring the potential for portfolio gains from earnings announcement trading signals.