Swelled by Non-GAAP Metrics, Company Earnings Surprises Have Grown Greatly in Size in Recent Decades, Study Finds So Striking is the Change That It Calls Market Gains Into Question
August 02, 2018
August 02, 2018
SARASOTA, Florida, Aug. 2 -- The American Accounting Association issued the following news release:
Do investors get a straight story about company earnings? It is well known that over the past two decades the traditional way of measuring profits, by generally accepted accounting principles (GAAP), has been increasingly overshadowed by other metrics in analyst forecasts, company press releases, and clearinghouses that provide data on predicted and actual earnings. Even though these . . .
Do investors get a straight story about company earnings? It is well known that over the past two decades the traditional way of measuring profits, by generally accepted accounting principles (GAAP), has been increasingly overshadowed by other metrics in analyst forecasts, company press releases, and clearinghouses that provide data on predicted and actual earnings. Even though these . . .