With about 10,000 widely followed stocks trading on the larger public exchanges and quarterly financial statements for each of then, there is not a day that goes by without some firms reporting earnings. At the center of news channels are these statements. They report the numbers, break them down and discuss the future. This week you get to do the same.
1. Find a recent article about a firm reporting earnings using your favorite news source (blogs and social media don't count). Link the article here. The same firm may be used but the actual article may not be the same (i.e., a different link from a different source only).
2. Based on the article, your review of the firm and anything else you want to bring in (e.g., comparisons with other firms); how did the firm do? How did this compare to previous periods and to expectations? If you had the money to invest, would this information make you more or less likely to do so and why?