financial quarter
nounUK /faɪˈnænʃəl ˈkwɔːtə/
US /faɪˈnænʃəl ˈkwɔːrtər/
A period of three months that a company uses to count its money and work.
The company reported strong sales in the first financial quarter of the year.
RELATED WORDS
OTHER MEANINGS
2. One of four three-month sections of a company's financial year used for reporting results.
Profits rose sharply in the second financial quarter.
3. A deadline period by which businesses must file certain financial statements.
The team worked late to close the books before the end of the financial quarter.
4. A time frame investors watch to compare a company's performance over time.
Analysts expect the next financial quarter to show slower growth.