Trump-Backed Plan to Make Quarterly Earnings Reports Optional Faces Market Resistance

Gate News message, April 24 — The Trump administration's plan to allow U.S. companies to shift from quarterly to semi-annual earnings reports is moving forward, with the SEC expected to soon seek public comment on a proposal to eliminate mandatory quarterly filings. However, investors and market participants widely oppose the change, citing concerns that it could harm company valuations.

Sam Rines, macro strategist at WisdomTree Asset Management, noted that any company making this shift would likely appear on active investment managers' screening lists and could face reduced positions, portfolio exclusion, or valuation reconsideration. While JPMorgan Chase has expressed support for the proposal, the bank stated it will continue providing quarterly guidance through analyst and investor calls. Mike Reynolds, vice president of investment strategy at Glenmede, said the firm expects the vast majority of companies will continue reporting quarterly earnings.