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May 31, 1999

Behind the mask

How analysts view the earnings release

Some of my most relaxing days at the office are the days when earnings are released. It's a blast – I come in and I talk to the press,' avers Sallie Krawcheck, an analyst at Sanford C Bernstein. She goes on: 'I have no more information on that day than anyone else because the earnings releases are essentially a page long and relatively meaningless. It's amazing what a veil of secrecy exists at all of my companies.' What makes this especially notable is that Krawcheck covers brokers

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