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We think this company can earn $12 to $14 next year and that's off of an earnings number of $10 last year.
Anyone interested in the traditional earnings number has to dig deep into the press releases.
"We have not missed one quarterly earnings number or one revenue target," he boasted last fall.
Most of them add some expenses back into the actual earnings number, thus making the company look better, but there is a wide range of practices.
"We are going to form a big old U bottom on this thing, and the bottom comes when we're comfortable with the earnings number".
Among the items left out of the operating earnings number were write-downs from changes in assumptions related to the profitability of annuities and losses on its major medical insurance business.
Similar(23)
When you look closely at the earnings numbers, U.S. corporations overseas aren't earning especially high profits.
The earnings numbers are preliminary.
Then there are the earnings numbers.
The majority of these companies have reported phenomenal earnings numbers".
For many years, I've had little confidence in the earnings numbers reported by most corporations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com