Yep, US companies tried to hide a ton of bad news from investors last year (DIA)
US companies tried to hide a lot of bad news from investors in 2015.
When companies report earnings they give investors a series of numbers. The most basic measure of earnings per share is profit divided by diluted shares. This figure is most often referred to as GAAP — or Generally Accepted Accounting Principles — earnings.
But a growing trend has been reporting an "adjusted," or non-GAAP figure, which includes the company's best estimate of things that came up during a quarter or year that... Читать дальше...