Which grades moved on a company's latest filing, and which ones depend on the next report. A grade changes when the 10-Q or 10-K is filed, not on the day of the earnings call — usually a few days to a few weeks later.
56 graded companies report in this window, and 22 have a grade that hangs on a check closer to its line than nine companies in ten. That is a distance on the figures already filed, not a forecast: a check this close can hold for years, and one with room to spare can fall through in a single quarter.
Free cash flow growing recently · failing, 1.3% below the figure it is compared with
Free cash flow growing overall · passing, 4.7% above the figure it is compared with
“Could fall” assumes every passing check listed fails, and “could rise” that every failing one passes. Only the checks that decide the letter are considered; the + and − can move as well.