> ## Documentation Index
> Fetch the complete documentation index at: https://financecontext.com/llms.txt
> Use this file to discover all available pages before exploring further.

# /earnings-preview

> Build a pre-earnings preview with consensus estimates, key metrics to watch, and bull/base/bear scenarios

## What is a Pre-Earnings Preview?

Before a company reports its quarterly results, research analysts publish a **preview note** laying out what the market expects and what would surprise investors. This is critical because stock prices often move more on the *surprise* relative to expectations than on the absolute numbers themselves. A company can report record revenue and still see its stock drop 10% if the market expected even more.

The `/earnings-preview` command helps you build a structured preview that identifies consensus expectations, the key metrics that will determine the stock's reaction, and bull/base/bear scenarios with price implications.

<Tip>
  The best earnings previews go beyond consensus numbers and identify the "whisper number" -- the unofficial expectation among buy-side investors that may differ from published consensus. If buy-side investors informally expect $1.50 EPS while consensus is $1.40, a \$1.45 print might look like a beat on paper but feel like a miss to the market.
</Tip>

## Command Syntax

```bash theme={null}
/earnings-preview [company ticker]
```

If a ticker is not provided, the command asks: "Which company is reporting?"

## What It Produces

A one-page earnings preview covering:

* Company, quarter, and earnings date (pre-market vs. after-hours)
* Consensus estimates table (revenue, EPS, key segment metrics)
* Key metrics to watch, ranked by importance
* Bull/base/bear scenario table with stock price implications
* Catalyst checklist (3-5 items that will determine the stock's reaction)
* Trading setup: recent stock performance, options-implied move

## How to Customize

* To add firm-specific metrics or formatting, edit the `earnings-preview` skill file
* To connect to live consensus data, configure your Bloomberg or FactSet MCP server in `.mcp.json`

## Related

* [earnings-preview skill](/en/equity-research/skills/earnings-preview) -- the skill loaded by this command
* [/earnings command](/en/equity-research/commands/earnings) -- post-earnings update once results are published