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Personal Finance and Investing

bif

(24,132 posts) Thu Apr 28, 2022, 09:14 AM Apr 2022

Why do they announce earnings after hours?

Just curious.

4 replies

= new reply since forum marked as read

Highlight:

Why do they announce earnings after hours? (Original Post) bif Apr 2022 OP

To give those "in-the-know" ample chance... ret5hd Apr 2022 #1

To avoid the appearance/risk of insider trading on the news jmbar2 Apr 2022 #2

Earnings (or expectations of earnings) DRIVE stock prices. lastlib Apr 2022 #3

I figured it was something like that bif Apr 2022 #4

ret5hd

(21,320 posts)

1. To give those "in-the-know" ample chance...

Reply to bif (Original post)

Thu Apr 28, 2022, 09:29 AM

Apr 2022

to cash in on that knowledge???

jmbar2

(6,177 posts)

2. To avoid the appearance/risk of insider trading on the news

Reply to bif (Original post)

Thu Apr 28, 2022, 09:30 AM

Apr 2022

Insiders probably all trade on the earnings, but they're not supposed to.

lastlib

(24,961 posts)

3. Earnings (or expectations of earnings) DRIVE stock prices.

Reply to bif (Original post)

Thu Apr 28, 2022, 09:30 AM

Apr 2022

Announcing earnings during trading hours could cause sufficient price fluctuations to trigger trading limits imposed by the exchanges.

And I think (not entirely sure) the exchanges themselves require it to prevent price manipulation.

bif

(24,132 posts)

4. I figured it was something like that

Reply to lastlib (Reply #3)

Thu Apr 28, 2022, 10:25 AM

Apr 2022

Basically to temper the heated buying and selling in reaction to good or bad news.

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