When a company's release schedule says "Q4" when does that mean?

[mjk45]

SKMBlake said:

Cobretti2 said:

Yes they do. Each country defines their 12month period for what they deem to be a financial year.

https://en.wikipedia.org/wiki/Fiscal_year

No, companies can decide when their fiscal year starts and ends. Your wikipedia page mostly refers to the government fiscal year, which isn't related to the topic.

And setting up companies and deciding their fiscal year is basically my job.

 SKMBlake  is right , in Australia the financial year is july 1st to June 30th , but a company can make a request to the stock exchange to change their financial   year , this is usually done by shortening the current  financial year so the new reporting date aligns with the month you chose, an example would be if you chose  November 1st to October 31 that would mean a 4 month financial year report followed by annual reporting using the new dates.

There are a number of reasons why this can be beneficial, one is you aren't reporting with everyone else so you have more market visibility, another is better access to auditing firms.

Last edited by mjk45 - on 14 January 2021