Question
Company: Postmates 1. Visit the investor relations section of the website of the company you follow. Pull up the companys most recent annual earnings report.
Company: Postmates
1. Visit the investor relations section of the website of the company you follow. Pull up the companys most recent annual earnings report. Look at the income statement. How much revenue did the company report? What about its net income? Did the company report more or less money than you expected?
2. Look at the annual financial results your company reported in the prior year. According to the companys income statement, did its revenue and net income increase or decline, or essentially stay the same from the prior year? Would you be happy with this performance if you were a financial stakeholder in the firm?
3. Find your companys reported annual earnings per share (EPS) on its income statement or within the earnings release. Next, visit a free investment website like Yahoo! Finance or Google Finance and look up the firms stock price. Use this stock price and the EPS figure to calculate the P/E ratio.
4. Read through the news release provided by your company about its recent annual earnings report. What did the quote from the CEO say about the companys performance? Did you find the information provided by your company helpful in understanding its financial performance? How might the language be improved?
5. Visit a free investment website like Yahoo! Finance or Google Finance and search for news stories about your companys most recent annual earnings report. What information did business journalists highlight in their stories about the company? How is this information similar or different from the information in the companys news release?
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