The peak of NSE earnings season is March/April of every year, when more than 120 companies with December as year-end would make their full-year earnings report available to the market for the investing community. The report would necessarily come with corporate actions of how the boards plan to reward shareholders of their companies in form of dividend (in cash or bonus shares), this is expected to influence share prices. If the earnings beat market expectations and the dividend is good enough in the thinking of shareholders and investors, it would be seen in price appreciation of the various stocks.
This has made traders and investors to always look forward to this period of the year as market reacts to the released numbers and rewards given to shareholders at the end of every financial year.
It is better to be in the stocks between two to three weeks before the results hit the market finally and if your expectations are not met, you can jump out immediately to preserved your capital and cut losses. Yes there would be dividend cut and lower earnings numbers but due to relatively low equities prices these might support rally for new entrance at this point.
Below is the list of companies set to report their scorecards in Feb/March.
| SECURITIES | 2014 | 2014 FY | Pay Out | Expected | Current | Expected | Likely | Bonus |
| Dividend | EPS | Ratio | Period | EPS | FY(EPS) | Dividend | Possibility | |
| Lafarge Africa | 3.60 | 11.55 | 31.17 | March | 6.48 | 8.70 | 3.60 | zero |
| Okomu Oil | 0.25 | 1.63 | 15.34 | March | 2.31 | 3.10 | 1.00 | high |
| NB | 4.75 | 5.62 | 84.52 | Feb | 3.30 | 4.98 | 3.30+Intr | zero |
| Uacn | 1.75 | 5.58 | 31.36 | March | 0.50 | 1.20 | 0.60 | high |
| Transcorp | 0.06 | 0.12 | 50.00 | March | 0.08 | 0.11 | 0.06 | zero |
| Julius Berger | 2.70 | 6.24 | 43.27 | March | 2.32 | 5.00 | 2.50 | slim |
| Uacn Property | 0.50 | 1.59 | 31.45 | March | -1.59 | nil | high | |
| Cadbury | 0.65 | 0.81 | 80.25 | March | 0.02 | 0.10 | 0.06 | high |
| Unilever | 0.10 | 0.64 | 15.63 | March | 0.04 | 0.18 | 0.05 | slim |
| Diamond Bank | 0.10 | 1.76 | 5.68 | March | 0.68 | 1.00 | 0.10 | zero |
| Fcmb Holding | 0.25 | 0.88 | 28.41 | March | 0.13 | 0.20 | 0.05 | zero |
| Dangote Cement | 6.00 | 10.34 | 58.03 | March | 9.80 | 12.58 | 7.00 | slim |
| Nestle | 27.50 | 28.07 | 97.97 | Feb | 21.75 | 26.80 | 15.00+Intr | high |
| Transnationwide | 0.10 | 0.34 | 29.41 | March | 0.23 | 0.30 | 0.10 | high |
| Mansard Insurance | 0.06 | 0.19 | 31.58 | March | 0.12 | 0.18 | 0.03+Intri | slim |
| NPF Micro Fin Bank | 0.15 | 0.17 | 88.24 | March | 0.23 | 0.30 | 0.15 | high |
| Sterling Bank | 0.06 | 0.42 | 14.29 | March | 0.34 | 0.38 | 0.05 | zero |
| UBA Capital | 0.20 | 0.52 | 38.46 | March | 0.32 | 0.45 | 0.20 | slim |
| UBA | 0.10 | 1.57 | 6.37 | March | 1.43 | 1.75 | 0.25+Intri | zero |
| Total Nieria | 11.00 | 13.03 | 84.42 | March | 6.28 | 10.12 | 8.00+Intri | high |
| Courtevill Bus | 0.04 | 0.09 | 44.44 | March | 0.07 | 0.10 | 0.02+Intri | zero |
| Ashaka Cement | 0.45 | 2.04 | 22.06 | March | 1.65 | 1.80 | 0.50 | zero |
| Berger Paints | 0.70 | 0.68 | 102.94 | March | 0.71 | 0.98 | 0.70 | high |
| CCNN | 0.35 | 1.53 | 22.88 | March | 1.31 | 1.75 | 0.40 | high |
| CAP | 2.05 | 2.37 | 86.50 | March | 1.67 | 2.30 | 0.85+Intri | high |
| Access Bank | 0.60 | 1.88 | 31.91 | March | 2.01 | 2.24 | 0.37+Intri | zero |
| AFRICA PRUDENTIAL | 0.35 | 0.61 | 57.38 | March | 0.54 | 0.70 | 0.30+Intri | high |
| MOBIL OIL NIG. | 6.60 | 17.73 | 37.23 | March | 10.12 | 12.58 | 6.00 | high |
| Zenith Bank | 1.75 | 3.35 | 52.24 | March | 2.64 | 3.10 | 1.55+Intri | zero |
| GTBank | 1.75 | 3.35 | 52.24 | March | 2.65 | 3.00 | 1.55+Intri | zero |