Comment by runako

> If you have a bad quarter, you’re not penalized as much if the surrounding months are good.

GE used to smooth their earnings to accomplish exactly what you describe here. This was not good for investors, or transparency, or ultimately GE itself[1].

There's ample reason to want more frequent, not less frequent, results from companies.

> the whole corporate machinery that takes 3–6 weeks after quarter end to churn out reports

> internally executives should be tracking performance daily

Executives would also be better served by having more timely access to the same data they will eventually disclose. Why would executives want to drive blind for more of the time?

1 - https://markets.businessinsider.com/news/stocks/warren-buffe...