The problem isn't reading the earnings report, it's knowing which three lines actually matter to me

Cisco last Wednesday: revenue 17.25b against 16.8 expected, EPS beat, net income up 51%, record fiscal year. Guidance well above consensus, the next quarter revenue guided 18B, the stock fell 8% and still didn't recover though

So the print was good, the guidance was better and the market disagreed. Which means the thing that mattered wasn't in the headline numbers at all, and in left trying to work out what it was and whether it's relevant to why I'd own it.

I do this every quarter, read the release, the coverage, the takes and by the end I know a lot of things about the company but still can't say whether the reason for holding it is intact.

The thing that helps, when I actually do it is writing down beforehand what I'm watching, I had a number for TSM on overseas fab margins, when the print came , the question was just "did it hit that", two min rather than an evening.

The problem is that I only do this some of the time, and sometimes I'm not even looking at the things I should

Anyone actually knows what to look for consistently, it would save me so much time!