President Trump wants to do away with required quarterly earnings reports for public companies, saying they should only have to report results twice a year.
It might not be that simple.
Investors are likely to put up a fight. Institutional investors such as pension funds and hedge funds typically crave more information on the companies they follow, not less. In other countries where regulators removed quarterly reporting requirements, many companies still report more frequently. […]
One possible outcome could be that Trump gets his win—cutting the red tape of quarterly reports—while little changes for most companies because they opt to continue reporting regularly.
“You’ll see some companies try to distinguish themselves from others by continuing to report quarterly and you’ll see other ones that just say, ‘Hey I’ll take the shade,’” said Jack Ciesielski, owner of the investment research firm R.G. Associates.
Source: Why Trump’s Bid to End Quarterly Earnings Is No Sure Bet – WSJ