Should we ditch quarterly earnings reports?

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• 00:01

  NPR.

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  It is a time-honored tradition in corporate America.

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  Every three months,

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  executives from public companies get on a conference call to talk about how much money they made in the last quarter.

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  And the calls are all kind of the same.

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  There's hold music.

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  Then an operator announces the call is starting.

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  Welcome to the conference call.

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  The CEO reads and prepared remarks.

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  And then executives take questions from Wall Street analysts.

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  The questions usually sound something like this.

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  Yeah, thanks very much, guys.

• 00:43

  Appreciate all the color as usual.

• 00:45

  I guess I was hoping for some more color.

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  I just wanted to get a little bit of color there.

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  It just seems a little bit...

• 00:52

  Could you maybe give us some color on that?

• 00:54

  Thank you.

• 00:54

  Thank you.

• 00:55

  Thanks.

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