One of the fantastic features of Delta by eToro is having access to earning reports.
These reports give a timely, accurate information for your information to digest.
You will notice they are Quarters or Fiscal Quarters.
Quarter
Definition: A period representing one-fourth of a standard calendar year.
Usage: A general term for any three-month segment.
Example: The first calendar quarter (Q1) is January 1 to March 31.
Fiscal Quarter
Definition: A three-month period defined by a company's specific financial year, rather than the calendar year.
Usage: Used by businesses for financial reporting, tracking performance, and meeting regulatory requirements.
Example: Apple's fiscal year begins October 1, so its Q1 would be October 1 to December 31, unlike the calendar Q1.
Key Difference
The main distinction is the timing. All fiscal quarters are quarters, but not all quarters are fiscal quarters. Fiscal quarters are a tool for companies to manage and report their financial health in a way that is most relevant to their business cycle, which may or may not align with the standard calendar year.
