# Professor Baruch Lev explains why he believes quarterly financial reports have lost their relevance

1 Faculty News August 19, 2018 ![Yahoo Finance logo](/sites/default/files/styles/246w/public/assets/images/yahoofinance.jpg?itok=iQnyXkp_)>

Excerpt from [Yahoo Finance](https://finance.yahoo.com/news/trump-right-wanting-end-quarterly-earnings-reports-135011336.html) -- "'The great benefit of moving to six months: you cut in half this craziness, which people call "the earnings game" in which managers try to game analyst forecasts,' [Lev](http://www.stern.nyu.edu/faculty/bio/baruch-lev) said. 'It’s a whole game with lots of effort \[and\] money lost by investors who react to changes in analyst forecasts for no purpose at all.'"

[Read more](https://finance.yahoo.com/news/trump-right-wanting-end-quarterly-earnings-reports-135011336.html)