Releasing quarterly reports may become optional, but analysts expect the vast majority of U.S. companies will still release earnings reports quarterly.

BlockBeats News, April 24 — Last year, Trump restarted a plan for companies to move from publishing quarterly financial reports to issuing semi-annual financial reports. It is expected that the U.S. Securities and Exchange Commission will soon formally seek public comment on a proposal to eliminate the quarterly reporting requirement. However, investors and market participants said that the vast majority of companies are unlikely to accept it, as it could damage company valuations.

WisdomTree asset management macro strategist Sam LainES said that any company that makes this change will appear on the screening lists of active investment managers and may be reduced in holdings or removed from portfolios, or its valuation will be reconsidered. Although JPMorgan supports the proposal, it said it will continue to provide quarterly guidance to the market through calls with analysts and investors. Mike Reynolds, Vice President of Investment Strategy at the asset and wealth management firm Glenmede, said he expects that the vast majority of companies will continue reporting on a quarterly basis.(Jin10)