Who did we survey?
Earnings calls form a major part of the IR calendar at most publicly listed companies. They are a key means by which senior management can present to and interact with the wider investment community, accounting for the current fortunes and future direction of the business.
This report looks at three areas related to earnings calls. Firstly, we examine the process of setting up the calls, particularly with regard to use of video and whether prepared remarks by management are pre-recorded or presented live.
This report then investigates engagement within the calls themselves, who provides input from the corporate side, involvement in the Q&A section and how investors typically interact with the call. Lastly, we look at how both companies and investors evaluate the call, what they find particularly useful and what mistakes investors commonly encounter in earnings calls.
The views and practices of both IR professionals and the investment community are represented in this report. Findings are taken from the IR Magazine Global IR Survey conducted from Q4 2021 to Q1 2022 and the IR Magazine Global Investor Survey conducted in Q4 2021. This report uses the term IRO to represent IR professionals in general and ‘investor’ to represent members of the investment community, both buy side and sell side.
Findings in this report from both IROs and investors are broken down by geographical region. Data from investors is additionally separated into buy side and sell side, while IRO data is broken down by market capitalization. For the purposes of this report, market cap is defined as follows:
Lloyd Bevan
Ash Govender, Ariah Varcianna
Kathleen Hennessy
James Noden
