a copy paste from Investopedia on typical reasons for conference calls:
There is much more but didn't feel it appropriate. ;)
http://www.investopedia.com/articles/02/022702.asp
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What to Listen for
Even though conference calls are live events, the discussion from the CEO and CFO at the beginning of the call is mostly a recap of company press releases. Remember that financial statements give a snapshot only of how the company did in the past. The analysis and projections in a conference call tell you how the company is doing currently and how the management expects performance to be in the future. Significant deviations in performance from previous estimates, or material revisions of future estimates, are key details to be concerned with and it's a good idea to listen to management's commentary regarding them. Some analysts and investors believe that by focusing on the tone and the manner in which the message is delivered, further information can be gained about the company and its future.
Read more: Conference Call Basics http://www.investopedia.com/articles/02/022702.asp#ixzz3k94w0s6U
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