Earnings Tagging

Simple, non-technical XBRL tagging. Fast, easy distribution to the financial community. Your road into the next generation of financial reporting.

EarningsDirect effortlessly converts your fundamental financial data into eXtensible Business Reporting Language (XBRL) Opens in new window and disseminates this material news to the media and investment community worldwide, simultaneously and in real time. Companies that disseminate material data in XBRL stand out and get noticed with faster, more transparent disclosure.

Populate simple Business Wire-provided Excel templates with your earnings data and upload them via Business Wire Connect. Select your distribution and the EarningsDirect XBRL data is distributed simultaneously with the earnings release to your chosen geographic circuit

Analysts, investors and the financial media receive your news release with a special PDF file, the Intelligent Financial Statement™ (IFS). The IFS allows users to quickly understand, via detailed TagTips™, how your financials have been tagged in XBRL. The IFS also contains the raw XBRL required for market participants to analyze the data in real time.

Standard or Customized

There are two levels of EarningsDirect available:

  • EarningsDirect Level 1 provides fundamental performance information to analysts, investors and the financial media based on a standard earnings news release template. Company information is relayed to the market instantly and accurately, and can populate financial models within seconds of the release time.
  • EarningsDirect Level 2 is a fully customized service which mirrors the financial and performance information contained in the earnings news release. Level 2 includes a brief consultation with CoreFiling, Business Wire's XBRL joint venture. CoreFiling works directly with you to map your earnings release to the appropriate XBRL tags. This template is then used to disseminate earnings in each subsequent quarter.

The XBRL Smart News Release

Already doing your own XBRL tags? Issue them with your financial news as a Smart News Release. For the cost of a single multimedia element, include your complete set of XBRL documents with your press release. Our team of experts will validate your files using DecisionSoft's TrueNorth™ professional software — the gold standard for XBRL validation. We will notify you of any incorrect tags and help you to correct them, and then disseminate the full tagged data set with your press release. All documents will be fully downloadable by analysts, media, investors and other recipients of Business Wire news.

In addition, your validated documents can be furnished along with your EDGAR 8-K, 6-K, 10-K, 10-Q and other filings if your company is participating in the SEC's Voluntary Filing Program.