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高盛:欧洲实践表明财报频率对估值无重大影响
Ge Long Hui A P P· 2025-09-18 06:14
Core Insights - Goldman Sachs equity strategists indicate that despite President Trump's call to eliminate quarterly earnings reports, the frequency of earnings reports among European companies varies and does not have a substantial impact on valuations [1] Group 1: Earnings Reporting Practices - Approximately half of the companies in the European Stoxx 600 index report earnings quarterly, while the other half report twice a year, with variations depending on industry and country [1] - The rationale for reducing the frequency of earnings reports is to allow management to focus more on long-term investments and growth [1] Group 2: Performance Comparison - Ironically, despite U.S. companies being required to disclose earnings quarterly, they outperform European and UK companies on most long-term metrics [1]