Abstract
In this article, Michał Dzieliński and Florian Eugster compare earnings calls from Swedish and American companies from January 2019 to May 2020. Analyzing 3,677 transcripts, the authors find that COVID-19 clearly impacted companies’ financial communication regardless of country. However, comparing the countries, it is also shown that Swedish companies were more positive and less uncertain about the future. If these differences are caused by a better underlying performance or different rhetorical strategies in Sweden and the USA remains to be seen for future research.