U.S. President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House in Washington D.C., on September 11, 2025.
Mehmet Eser | Afp | Getty ImagesPresident Donald Trump floated the idea Monday of companies no longer viding earnings report on a quarterly basis and switching to semiannual instead.In a Truth Social post, Trump said the idea is "subject to SEC apval" and would " money, and allow managers to focus on perly running their companies.""Did you ever hear the statement that, 'China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis???
Not good!!!'" Trump said.The wisdom of quarterly reports has come under question before.
In a 2018 op-ed piece for The Wall Street Journal, Berkshire Hathaway's Warren Buffett and JPMorgan Chase CEO Jamie Dimon advocated doing away with quarterly guidance, though not earnings reports."In our experience, quarterly earnings guidance often leads to an unhealthy focus on short-term fits at the expense of long-term strategy, growth and sustainability," the pair wrote.Current regulations require companies to report on a quarterly basis, though viding forecasts is voluntary.
The rules can be changed either from the Securities and Exchange Commission or could be altered by Congress.Supporters of the current system say it vides investors with timely opportunity as well as transparency public companies.Despite Trump's s China, companies there have reporting requirements that are similar to the U.S.
if not more stringent.
Chinese companies must file quarterly earnings reports as well as semiannual and annual reports.Companies listed on the Hong Kong exchange, however, only report every six months.Trump's posal would be more in line with practices in the U.K.
and European Union, where companies are required to file semiannually but can issue quarterly reports if they choose.Earlier this year, Norway's sovereign wealth fund posed switching to semiannual reporting, reasoning that lengthening the time frame would allow companies to focus on the longer term.The White House declined further on Trump's post.(Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC .
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