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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 ?
McKinlay also treated Belmont winner Touch Gold in 1997 after the David Hofmans- trained colt developed a quarter crack following the Preakness.
Big Brown is scheduled to have an acrylic patch applied to the quarter crack on his left front foot Friday morning.
Meanwhile, Big Brown galloped 11/2 miles over Belmont Park's oval Sunday morning under exercise rider Michelle Nevin, who confirmed the colt was scheduled to have an acrylic and fiberglass patch placed on the small quarter crack on his left front foot this morning.
The contenders John Oxx, trainer of Alandi "He had a hold-up last weekend when an old quarter crack reopened.
Dutrow assured us all the quarter crack on Big Brown's left front foot is a non-issue, that the colt has never been better and that the Belmont on June 7 will end just like the Kentucky Derby and Preakness -- with Big Brown well in front.
But considering the whole circumstance, I thought he ran well considering he came out of it with a quarter crack.
A DECISION on Alandi's participation in the Prix du Cadran on Sunday will be delayed until midweek, according to trainer John Oxx, who has revealed that the Irish St Leger winner has had a hold-up caused by a quarter crack.