Work

Earnings Call Scripts Generation With Large Language Models Using Few‐Shot Learning Prompt Engineering and Fine‐Tuning Methods

Year: 2025
Type: article
Abstract: ABSTRACT Company earnings calls are pivotal events that offer crucial insights into a company's financial well‐being and future outlook. Large language models (LLMs) present a promising avenue for automatically generating the initial draft of earnings call scripts, leveraging financial data and past examples. We evaluate two distinct methods: (1) few‐shot learning prompt engineering with a large language model (LLM) and (2) fine‐tuning a large language model on earnings call transcript data. Our findings indicate that both methods can produce coherent scripts encompassing key metrics, updates, and guidance. However, there are inherent trade‐offs in comprehensiveness, potential hallucinations, writing style, ease of use, and cost. We discuss the pros and cons of each method to guide practitioners on effectively harnessing LLMs for earnings call script generation. Notably, we employ a human and two different LLMs to act as judges to compare the outcomes generated by the two approaches.
Authors: Sovik Kumar Nath, Yanyan Zhang, Jia Vivian Li
Language: English
Open Access status: gold
Estimated APC paid: $2,420
OpenAlex ID: W4407445216
FWCI: 1.237
Cites: 17
Cited by: 3
Related to: 10