Avinger Inc (AVGR)

[ktf7]

Avinger earnings announcement date moved forward to earlier date.

Is this likely to mean it is more postive for earnings? Statiscally yes, but we will not know for sure until Wednesday, March 6th. It does seem to bode well.

Avinger to Announce Fourth Quarter and Full Year 2018 Financial Results on March 6, 2019, not the March 18, 2019 as Nasdaq.com currently reports. Last year, the fourth quarter announcement was made on March 19, 2018 so this was a move forward.

https://www.thestreet.com/story/12904847/1/heres-one-trick-investors-can-use-this-earnings-season.html

October 8, 2014 article

"The expansive study of 4,000 companies and their earnings announcements was made over eight years by MIT Sloan School of Management professor Eric So. He concludes that investors can profit from the earnings season by identifying which companies have shifted their scheduled dates. The data shows that when firms move their announcements forward, they'll usually report better-than-expected earnings. Likewise, the firms that push back their earnings dates tend to report earnings below forecasts."