Earnings calls have no effect on the firm's stock price. True False QUESTION 11 How many earnings calls does a firm usually have in one year? A. 1 B. 2 C. 4 D. 5 QUESTION 12 In thier fiscal year 2021, Kohl's generated more free cash flow than Netflix. True False

False

Did you know?

Did you know that earnings calls, despite being an important communication tool for companies, usually have no direct impact on the firm's stock price? This means that investors should not solely rely on earnings calls to make decisions about buying or selling stocks. Additionally, the number of earnings calls a company usually has in one year varies. It can range from one to four, or even five, depending on the company's reporting practices and industry. These calls provide valuable insights into a company's financial performance and future prospects. Furthermore, it is surprising to note that in fiscal year 2021, Kohl's generated more free cash flow than Netflix. This goes to show that financial success and performance can differ significantly across industries and companies, even if they operate within the same period.