What is the origin/meaning of the term "color" in corporate earnings calls?
Some examples:
ChipMOS Technologies Ltd (IMOS) Q3 2021 Earnings Call Transcript:
S. J. will chair the meeting and review business highlights and provide color on the operating environment.
In terms of adding color on our business, our memory product benefited from healthy demand across all end markets with growth in IoT and consumer electronics, including gaming. Revenue was up about 3.5% in Q3 2021 compared to Q2 2021.
Could you provide more color about Q4 revenue and gross margin?
PepsiCo, inc (PEP) Q2 2021 Earnings Call Transcript:
I guess, I wanted to ask about PBNA hoping you could provide a little bit more color on that business and the drivers of the robust topline growth that you saw in the quarter.
3M (MMM) Q3 2021 Earnings Call Transcript:
Any color you could provide on the impact that those two things are having on margins, perhaps sizing that legal headwind? And do we expect that to bleed into next year as well?
I mean, I don't think I remember you guys being this far below CPI before, but these are strange times too, so I'm not sure it really matters. Just some color on that ramp would be helpful.
We've heard lots of specifics on material cost inflation. I'd like to hear some color on labor costs, labor shortages.
Monish, that's helpful. And could you give us a little more color on what's going on in your healthcare business in terms of margin?
Best Answer
I don't think the use of color in your examples has to do with finance, per se, but rather the word is being used in its sense of interesting and elucidating details, examples, anecdotes, etc., and perhaps even visual aids.
color (n.)
I think we can gain some insight as to how this meaning arose by looking at the first citation for this sense in the OED:
To add color (to a story) should not be confused with the meaning of the verb color as used in, e.g., to color (a story).
color (v.)
Of course we also have the color of money, but that's another story. :-)