“Calendar quarter” refers to a period of three calendar months. This period is used for financial reports and dividend payments. As a unit of time measurement, it ranges from 60 to 80 days depending on the country.
Payments of financial reporting and dividends are often made every quarter. A company’s fiscal year does not necessarily coincide with a calendar year, and the company may close its books at the end of its peak sales quarter.
Businesses, investors, and analysts look at different data sets from different periods to evaluate trends and compare. An analyst can learn a lot about a company’s financial strength by evaluating results for its seasonal divisions. If profits and sales are increasing during the less selling quarters of 2 years of the same time, it’s a good sign that the company’s intrinsic strength is improving too.
and stay up-to-date with everything going on in the Akrivia HCM
By subscribing, you agree to our terms and conditions.