How to read earnings report like a pro

If you’ve ever looked at an earnings report and felt lost, you’re not alone. But once you know what to look for, these reports become a powerful tool in your investing toolbox.
why earnings matter
Earnings reports show a company’s financial health. They reveal performance, risks, and future outlook.
key things to focus on
- Revenue and earnings per share (EPS): Are they growing? Beating estimates?
- Forward guidance: Is the company optimistic or cautious about the future?
- Margins and costs: Are profits being squeezed by inflation or supply issues?
- Cash flow: Is the business generating actual cash or just paper profits?
real-world example: fedex and nike
Both recently reported weak guidance. Their cautious tone spooked investors even more than their missed numbers.
how to build confidence reading reports
- Start with summary headlines and investor call transcripts
- Use comparison sites like Yahoo Finance or Seeking Alpha
- Practice with companies you know and follow
You don’t need to be an analyst to use earnings reports. A few key metrics go a long way.