6 min read
Streamline Your Earnings Season With Expanded Table Extraction
November 6, 2019
2 min read
Every earnings season, analysts and corporate teams are faced with a deluge of information–from company-issued press releases to SEC filings. Historically, knowledge workers were required to sort through pages of static data and extract valuable insights, until now.
AlphaSense’s table extraction was designed to help analysts and corporate teams easily find and pull the data they need from press releases, 8Ks, 10Ks, and 10Qs. As with any earnings season, having the latest company data the moment it is publicly available is critical for analysts monitoring their coverage universe. Plus, this data can help corporate teams plan and prepare for their earnings announcements.
Frequently, companies issue press releases before their global and SEC files are posted. Within these press releases, companies will announce their quarterly results, disclosing essential financial data and performance figures in balance sheets, earnings, and income statements.
The persistent challenge faced by analysts and corporate teams has been finding a painless way to extract this data, which is typically presented in embedded tables, and transposing it into a format that can easily be manipulated and incorporated into financial models.
Table extraction helps users save time and mitigate risk–you get the information you need quickly and effectively. To help combat the deluge of company earnings releases over the coming weeks, create a watchlist of companies under coverage and set up email alerts to be notified whenever one or more of these companies announce quarterly results.
Whether the company results are reported first in a press release or an SEC filing, you can use the table extraction feature in AlphaSense to export essential earnings data in seconds. Stop wasting precious time on compiling and formatting data and immediately digest and analyze the information needed to update and publish timely research reports.
If you’re an AlphaSense client, log-in now to try the expanded Table Extraction feature.
If you aren’t a client, schedule a demo today to experience how AlphaSense transforms your earnings season experience.
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