Earnings season is the best classroom in finance.

Give students a professional pre- and post-earnings research workflow: beat probabilities, filing and call readouts, cited evidence, and live monitors. Every call explains what would change it, so students learn how to reason about a company, not just what to conclude.

  • Pre + post-earnings reports
  • Every claim cited
  • Forecasts graded out-of-sample
WAIT names the hurdle that would change itWATCH says exactly what to monitorLONG shows what the market is missingSHORT shows what it has mispricedREPORT READY means the readout is in, with citations

01 · Who it's for

Built for the people learning to read a print.

Every quarter, thousands of companies publish a live case study. Akem Earnings turns that calendar into coursework your students can actually keep up with.

Student-managed investment funds

Run a real earnings process for every holding: a thesis before the print, a readout after it, and a monitor that flags anything that changes the call.

  • Holdings reviews
  • Investment committee memos
  • Risk flags

Finance & accounting courses

Turn this week's reporting calendar into case material. Students test what management said against the filing and the call transcript.

  • Live case studies
  • Filing analysis
  • Forecasting

Investment clubs & stock-pitch competitions

Stress-test pitches before the judges do: what's priced in, what can move the stock, and what would break the thesis.

  • Pitch prep
  • Bear cases

Career centers & recruiting prep

Send students into markets interviews having followed a real earnings season, with a view on names they've tracked from preview to readout.

  • Markets interviews
  • Stock-pitch prompts
  • Superdays

02 · One company, one season

From preview to readout to what happens next.

Akem EarningsIllustrative · fictional company
NWND Northwind Systems · Q3Pre-earnings report
WATCH

Why now: The quarter is probably fine. Next quarter's guidance will decide this print.

64%Beat prob.
Implied move±5.8%
Consensus EPS$1.02
ReportsThu · after close

What changes the call

  • SHORTGross-margin guide below 71%
  • LONGGrowth broadens beyond its two largest customers
NWND Q3 readoutPost-earnings readout
MetricActualEst.
Revenue$4.12B$3.98BBEAT
EPS$1.07$1.02BEAT
Q4 guide$4.30B$4.41BBELOW
Management claim, testedDemand is broad-based.
◐ Partly supported

61% of year-over-year growth came from two customers.10-Q p.14

Transcript pressure point

Analysts asked three times about Q4 “digestion.” The CFO declined to size it.Call 41:12

NWND Agentic monitorWatchtower · live
  • Supplier cites order push-outs from a top-two customer.Why it matters: ties directly to the concentration risk in the readout.
  • Deep Cuts read-through: three suppliers share the same two-customer exposure.Signals
  • Call updated WATCH→WAITHurdle: a Q4 guide reaffirmation at the Nov 18 conference would bring it back to WATCH.

01 · Before the print

A thesis with a probability and a hurdle.

The pre-earnings report opens with a clear call, then explains it: what the market has priced in, what can move the stock, and exactly what would change the view.

  • Beat probability from a model graded on real outcomes
  • Implied move and consensus context
  • “What changes the call” is written down in advance

02 · On the call

Claims tested against the evidence.

Once the numbers land, the readout covers the release, the filing and the call transcript. It checks what management said against what the documents show and cites every point.

  • Actuals vs. expectations, including guidance
  • Management claims checked against the filing
  • Transcript pressure points with timestamps

03 · After the move

A monitor that knows why a headline matters.

Agentic monitors watch each name all season. An alert only fires when news connects to the thesis, and it says what would confirm or invalidate it. The Deep Cuts daily edition maps read-throughs across companies.

  • Live watchtowers for every tracked name
  • Alerts tied to the thesis, not to noise
  • Cross-company read-throughs in Deep Cuts

03 · Ask the report

Office hours for every report.

Students can question any report in plain English. Report chat is limited to that one report's sources, so every answer comes back grounded and cited. It's a good way to practise asking sharper questions.

Scoped to: NWND · Q3 readout · illustrative
Why did the stock fall if they beat on revenue?
Because the beat was expected and the guidance wasn't. Revenue beat consensus by 3.5%, but Q4 guidance came in 2.5% below the Street [1]. On the call, the CFO pointed to "digestion" at large accounts [2], and two customers drove 61% of this year's growth [3].
1 Press release, guidance table
2 Earnings call transcript, 41:12
3 Form 10-Q, p.14

04 · Shows its work

Research you can grade.

An AI tool in the classroom should model good research habits, not replace them. Akem is designed so students can see how every call was reached.

  1. Every call names its hurdle

    A WAIT comes with the specific catalyst or threshold that would change it. “No edge” is never a complete answer.

  2. Evidence shows its weight and its date

    Each finding shows why it matters, what would weaken it, and when its evidence was last observed.

  3. Forecasts are graded

    A new beat model is promoted only if it improves on the current one out-of-sample, on Brier score, log loss and calibration error. That's a real-world lesson in forecasting.

  4. Outcomes aren't oversold

    Results are recorded as aligned, against, neutral or unscored, and a later price move is never presented as proof of cause.

Illustrative reliability diagram: predicted beat probability against observed beat rate, tracking close to the diagonal.0%100%PREDICTED BEAT PROB.OBSERVED BEAT RATE
Illustrative reliability diagramWhen Akem says 70%, beats should happen about 70% of the time. Students can use the same checks to grade their own forecasts.BRIER ↓LOG LOSS ↓ECE ↓

05 · Campus program

Sized to your campus.

06 · Questions

Before you bring it to the committee.

Is Akem investment advice?

No. Akem is a research and education tool and is not investment advice. Calls like WAIT, WATCH, LONG and SHORT summarize how a report reads the evidence. They are a starting point for students' own analysis, not a recommendation to trade.

How is this different from the data terminal in our lab?

A terminal gives students the data. Akem gives them a reasoned, cited reading of it: what matters in this print, what the market expects, and what would change the view. Most programs use both, with the terminal for raw data and Akem for the earnings workflow built on top of it.

How do students know they can trust the AI?

They shouldn't take it on trust, and Akem doesn't ask them to. Reports cite their sources, say what would weaken each finding and when the evidence was last observed, and report chat is limited to a single report. That makes Akem's reasoning easy to check, which is a useful skill in itself.

What does a campus pilot look like?

A pilot covers one earnings season for a fund, course or club. We set up seats, run a kickoff session, and check in with your faculty advisor after the season. Tell us about your program below and we'll shape it from there.

Ring in next season with Akem.

Faculty advisors, fund leads and club presidents: leave your email and we'll be in touch about a campus pilot for the next earnings season.

We'll only use this to follow up about Akem.

Sample reports on this page are illustrative and describe a fictional company.