Economic Calendar

The TradingKey Earnings Calendar is a professional tool that monitors the earnings release schedules of major listed companies worldwide in real time. With the earnings calendar, traders can clearly see when a specific company will release its quarterly or annual earnings report, and directly compare market forecasts for earnings per share (EPS) and revenue with the final official results. It is an essential tool for U.S. stock, Hong Kong stock, and other equity traders to identify potential breakout opportunities during earnings season.

An earnings beat, or earnings surprise, means that a company's reported EPS or total revenue is higher than the average forecast previously issued by market analysts. Positive Surprise: Actual results are higher than expected. This is usually viewed by the market as a bullish signal and can quickly push the stock price higher in pre-market or after-hours trading. Negative Surprise / Miss: Actual results are lower than expected. Even if the company's profit is growing, the stock price can still fall sharply if the results fail to meet market expectations.

Earnings per share (EPS) is calculated by dividing a company's net profit by the total number of common shares outstanding. Why it matters: EPS is one of the most direct indicators of a company's profitability. It is the basis for calculating the price-to-earnings ratio (P/E Ratio) and directly reflects how much profit each share generates. A company's valuation is largely determined by the growth potential and stability of its EPS.

Listed companies usually release quarterly earnings reports once every quarter, or four times a year, and publish an annual report at the end of the year. Earnings season refers to the period when a large number of listed companies release their earnings reports within a short time frame. It usually begins in the middle of the month after each quarter ends, namely around mid-January, mid-April, mid-July, and mid-October, and lasts for several weeks. During this period, overall market volatility and trading volume often increase significantly.

Stock prices are often driven by market expectations. Comparison with expectations: Even if a company generates very high profits, its stock price may barely move if the results are only in line with expectations. A sharp revaluation usually occurs only when actual earnings beat or miss expectations. Guidance: In addition to past performance, the market pays more attention to management's outlook for the next quarter during the earnings call. If past results are strong but guidance is pessimistic, the stock price may still fall sharply.

EPS Revisions show whether Wall Street analysts have raised or lowered their EPS forecasts over a recent period before the official earnings release. If multiple analysts collectively raise a company's EPS forecast before earnings, it usually indicates that the industry's recent business conditions have improved, or that the company's latest operating data has exceeded previous internal expectations.