Phil Town explains the key areas to watch out for when reviewing this financial info.
2 min read
Opinions expressed by Entrepreneur contributors are their own.
In this video, Entrepreneur Network partner Phil Town discusses how to approach listening to quarterly earnings calls, which can be a gold mine of information for investors.
In terms of general information, Phil Town points out that these calls usually take place on the same day that the quarterly earnings report comes out. It may also be a good idea to review the annual report, the 10k, as well. If a company is worthwhile, these reports will be extremely enlightening, since the document will provide accurate and honest information.
Town also recommends being overly critical when listening to calls, such as evaluating if you even believe what you’re hearing. You want to make sure your money is going into a trustworthy company that will be transparent. throughout your relationship with them.
To hear more about the logistics around earnings calls, among other details you should look out for, click the video.
Related: These Tips Can Help You Invest More Confidently
Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.
Click here to become a part of this growing video network.