Equity Research Associate - Writing Sample Requested

I tried searching this forum for some insight regarding this topic, but could not seem to find information that was relatively recent.

During my interview process for an ER Associate position, they requested that I provide them with a “writing sample.” I am quite sure they are not requesting me to draft up a full-blown research report, but was wondering what are they looking for exactly. I was hoping to get some feedback on the type of writing sample someone had possibly submitted to a similar position and/or what I should be primarily focusing on when drafting something up.

Thanks!

I’ve done 3 of these for employers - 2 of them were only supposed to be 1 page, and the other one was 2-3 pages (I only did this b/c it was further in hiring process). They’re not looking for a full blown ___ page equity report, of course not. As mentioned, pick a company that is either in the news lately, or a company with recent earnings release and try to do a summary valuation of that company (i.e. have a FEW quantitative analyses but mainly focus on your writing).