Auto-Generating Earnings Report Analysis via a Financial-Augmented LLM
Financial analysis heavily relies on the evaluation of earnings reports to gain insights into company performance. Traditional generation of these reports requires extensive financial expertise and is time-consuming. With the impressive progress in Large Language Models (LLMs), a wide variety of financially focused LLMs has emerged, addressing tasks like sentiment analysis and entity recognition in the financial domain. This paper presents a novel challenge: developing an LLM specifically for automating the generation of earnings reports analysis. Our methodology involves an in-depth analysis of existing earnings reports followed by a unique approach to fine-tune an LLM for this purpose. This approach combines retrieval augmentation and the generation of instruction-based data, specifically tailored for the financial sector, to enhance the LLM's performance. With extensive financial documents, we construct financial instruction data, enabling the refined adaptation of our LLM to financial contexts. Preliminary results indicate that our augmented LLM outperforms general open-source models and rivals commercial counterparts like GPT-3.5 in financial applications. Our research paves the way for streamlined and insightful automation in financial report generation, marking a significant stride in the field of financial analysis.
Code (0)
등록된 구현이 없습니다.
Tasks
Financial AnalysisSentiment AnalysisMethods 이 논문이 사용한 방법론
Similar Papers 제목 키워드 기반
Template-Based Financial Report Generation in Agentic and Decomposed Information Retrieval
Tailoring structured financial reports from companies' earnings releases is crucial for understanding financial performance and has been widely adopted in real-world analytics. However, existing summarization methods oft…
Information RetrievalRetrievalEvaluating Large Language Models for Stance Detection on Financial Targets from SEC Filing Reports and Earnings Call Transcripts
Financial narratives from U.S. Securities and Exchange Commission (SEC) filing reports and quarterly earnings call transcripts (ECTs) are very important for investors, auditors, and regulators. However, their length, fin…
Sentiment AnalysisStance DetectionFinReport: Explainable Stock Earnings Forecasting via News Factor Analyzing Model
The task of stock earnings forecasting has received considerable attention due to the demand investors in real-world scenarios. However, compared with financial institutions, it is not easy for ordinary investors to mine…
Stock Market PredictionAn Exploratory Study of Stock Price Movements from Earnings Calls
Financial market analysis has focused primarily on extracting signals from accounting, stock price, and other numerical hard data reported in P&L statements or earnings per share reports. Yet, it is well-known that the d…
Graph Neural NetworkImpacts of National Cultures on Managerial Decisions of Engaging in Core Earnings Management
This study investigates the impact of Hofstede's cultural dimensions on abnormal core earnings management in multiple national cultural contexts. We employ an Ordinary Least Squares (OLS) regression model with abnormal c…
Management