Stock Rover always reports GAAP results. This can create a delay in updating the statements after an earnings announcements. The delay is almost entirely due to waiting for the company to file GAAP-compliant results with the SEC.
Some companies file their GAAP results with the SEC immediately with their press announcements. Most file within 3 weeks. But others, particularly small companies, can take even longer to file. Once the results are filed with the SEC, they are published Stock Rover in about 1-2 business days.
Note that some companies release preliminary data and this is available in the Statements tab in the Insight Panel and in our Historical Data table.
If you would like to screen for earnings related price action, you don’t have to wait for the quarterly report, you can look at the EPS Surprise metric immediately and before the new report is available.
