Trump says the US should do away with quarterly earnings reports
Headline from WHEC Rochester
President Donald Trump wants to do away with the quarterly earnings report. In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
"This will save money, and allow managers to focus on properly running their companies," Trump said of his idea to switch to a twice-yearly earnings schedule.
President Trump would like companies to report their earnings less frequently. Executives have long called for that -- but some financial experts worry it would go badly.
U.S. companies should be allowed to report earnings every six months instead of on a quarterly basis, President Donald Trump said on Monday, in what would be a major shift for corporate America, if regulators take up his call.
President Donald Trump floated the idea Monday of companies no longer providing earnings report on a quarterly basis and switching to semiannual instead
President Donald Trump wants to do away with the quarterly earnings report. In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period.
US companies should be allowed to report earnings every six months instead of quarterly, President Trump said on Monday, in what would be a major shift for corporate America if the Securities and Exchange Commission approved the change.
President Donald Trump said Monday that American public companies shouldn't have to report quarterly earnings, but they should change to a six-month schedule.
President Trump proposes shifting U.S. public companies from quarterly to semiannual earnings reports to reduce costs and encourage long-term business planning.
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