Reporting Archive

For many IROs, the most recent earnings call brought a wave of ‘firsts’: first time hosting the call from home, first time hosting it in a different location from the management team and first time asking the CEO to dial in personally. Last quarter’s update brought an increase of heartfelt messages, pre-recorded statements, scenario analysis and ...

This has been an extremely difficult earnings season. The universal uncertainty driven by the Covid-19 pandemic and resulting economic shutdown has made the job of communicating with the market fraught with complexity. IR teams have had to adjust the mix of information they share on the earnings call to respond to the core risks and scenarios presented by this crisis. Prior to the Covid-19 crisis, ESG was, at best, a small part of the earnings call. But in the most ...

As a corporate earnings season unlike any other gets under way, management teams are grappling with how to discuss their first-quarter results or their financial path forward; around 500 companies have already withdrawn their 2020 guidance and many more are likely to do so. Nevertheless, in these uncertain times, it is more critical than ever for company management to speak to investors with crisp, transparent messaging. We’ve already written about how companies c...

As highlighted in IR Magazine’s new study, companies are increasingly suspending or cancelling earnings guidance. If this trend holds, it will be one of the few slivers of a silver lining of the last few months. The market instability created by the Covid-19 pandemic has resulted in an about-face from many IR teams. From 2010 to 2019,...