Thursday, May 22, 2014

Why Bad Earnings Reports Aren't Supposed To Leak Early

HP’s earnings came and weren’t up to analyst expectations, but it happened during normal trading — and so the stock was crushed immediately. Typically earnings reports come out after regular day trading ends.



HP's second-quarter earnings appear to have come out a bit early this year. While they were about in-line with most analyst expectations outside of a miss on revenue, the stock got hammered immediately after the report came out, falling more than 3%. Typically, earnings reports come out after regular trading ends.




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