Most Recent Quarter - MRQ
Categories: Accounting, Metrics
It's July 27th. The company just announced to Wall Street its MRQ, or most recent quarter.
What quarter was that? The one that began April 1 (not foolin') and ended June 30.
If the company is a calendar year fiscal reporter, then that's Q2 of their fiscal year. If they're, say, a June Fiscal, then that's Q4 of their year. The most recent quarter matters, especially in high-growth companies where seasonality isn't a Thing, and the Street, in return for paying very high multiples for that company's stock, will expect very high sequential quarter-to-quarter growth.
That most recent quarter is what the next set of new numbers will be pegged against.