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Related to Second Quarter: fiscal year


Three months of a year, often abbreviated as "Q." Q1 is January, February, and March; Q2 is April, May, and June; and so forth. Publicly traded companies must report on their earnings and other business performance measures every three months. Analysts also use quarters to measure performance internally. For example, one might compare sales in Q1 of 2009 to those in Q1 of 2008 to measure the company's health without having to account for seasonal variance. Often, quarters are abbreviated along with the calendar year; for example, the second quarter of 2006 is expressed as Q2 2006 or Q2/06.


1. One quarter of a point. For bond quotes, a quarter represents one quarter of 1% of par, or $2.50. Thus, a bond quoted at 91 2/4 is being offered for $917.50.
2. A 3-month period that represents 25% of a fiscal year.


The financial world splits up its calendar into four quarters, each three months long.

If January to March is the first quarter, April to June is the second quarter, and so on, though a company's first quarter does not have to begin in January.

The Securities and Exchange Commission (SEC) requires all publicly held US companies to publish a quarterly report, officially known as Form 10-Q, describing their financial results for the quarter. These reports and the predictions that market analysts make about them often have an impact on a company's stock price.

For example, if analysts predict that a certain company will have earnings of 55 cents a share in a quarter, and the results beat those expectations, the price of the company's stock may increase. But if the earnings are less than expected, even by a penny or two, the stock price may drop, at least for a time.

However, this pattern doesn't always hold true, and other forces may influence investor sentiment about the stock.


One-fourth of a year. For 2007, January, February, and March would be written as 1Q07; April,May,and June would be 2Q07,and so on.

References in periodicals archive ?
Interest expense for the second quarter of fiscal 2007 was $1.
Spinal product sales decreased 8% worldwide to $50,851,000 during the second quarter of fiscal year 2007 and decreased 12% in the United States.
Regionally, the strongest increase in was in the Northeast where the median resale single-family home price in the second quarter was $299,200, up 6.
We made significant progress in the second quarter, positioning our bank franchise for strong growth," said Andrew W.
While the Company has not fully completed its second quarter closing process, the Company believes its financial results will be as follows:
Our margins during the second quarter were affected by our product mix as projects such as Prime Controls, CWC and IMD do not provide as high margins as standard equipment sales.
EBITDA totaled Ps 1,754 in second quarter 2006, an increase of 128.
Total worldwide net sales of FUZEON for the second quarter 2006 were $57.
For the second quarter of 2006, the Company stated that based on preliminary, unaudited financial results, Rocky Brands expects to report net sales of approximately $57 million versus record net sales of $65.
Today SterlingSouth Bank & Trust Company (OTCBB: SSBT) reported that pre-tax income excluding merger-related expenses for the second quarter of 2006 was $493,000 up 58% when compared with pre-tax income of $313,000 for the second quarter of 2005.
Nasdaq: RAME) today announced an increase in preliminary production volume in the second quarter compared to that of the first quarter 2006.
EMC Corporation (NYSE:EMC) today announced preliminary results for the second quarter of 2006.