Table of Contents
What is an Equity Research Report?
Sell-side equity research analysts primarily communicate their ideas through published equity research reports.
In this article, we describe the typical components of a research report and show how they are used by both the buy side and sell side.
Equity research reports are usually available for a fee through financial data providers.
Near the bottom of the article, we include a downloadable sample equity research report by JP Morgan.
Equity Research Report Timing
Quarterly Earnings Release vs. Initiating Coverage Report
Barring a new company initiation or an unexpected event, equity research reports tend to immediately precede and follow a company’s quarterly earnings announcements.
That’s because quarterly earnings releases tend to be catalysts for stock price movements, as earnings announcements likely represent the first time in 3 months that a company provides a comprehensive financial update.
Of course, research reports are also released immediately upon a major announcement like an acquisition or a restructuring. Additionally, if an equity research analyst initiates coverage on a new stock, he/she will likely publish a comprehensive initiation piece.
I was looking for a template In word format, it would be very helpful. Nice webpage!
Antton:
Thanks, but unfortunately we don’t have a Word template as these research reports have additional built-in functionality (charts, legal disclosures, etc).
Best,
Jeff
was looking for an equity research report template
Hi, Jimit,
This article provides a report example, not a template. But we encourage you check out our financial statement modeling course!
Brad