Only a few report higher GAAP earnings The companies we analyzed that reported higher GAAP than non-GAAP earnings generally took actions that increased results, such as selling assets. Here, you can see which companies’ GAAP EPS was most-improved from the non-GAAP figure.
Companies where GAAP earnings are higher Difference between non-GAAP EPS and GAAP EPS Procter & Gamble Company Comcast Corporation Visa Inc. $-0.11 $-0.03 $-0.03
Of all the companies reporting higher GAAP than non-GAAP EPS, Procter & Gamble had the widest spread. The company’s GAAP number included a gain from the sale of a business, as well as charges from discontinued operations. That led to a GAAP EPS number of 97 cents and a non-GAAP number of 86 cents in the January quarter.
David Marino-Nachison and Jessica Marmor Shaw contributed to this story. Source: FactSet, company press releases, NASDAQ and MarketWatch analysis Notes: EPS numbers are from each company's last reported quarter as of June 30, 2016. Because fiscal quarters vary among companies, GAAP EPS and non-GAAP EPS are from the January-quarter reporting period. Spread for each company calculated by subtracting GAAP EPS from non-GAAP EPS. Alphabet's Class C shares have been omitted. The list of companies we examined did not include any in the utilities or materials sectors.
OIL and gas contractor Swiber Holdings has filed a winding-up application, and its directors have resigned to pursue their own interests, the company announced on Thursday.
The company has also filed an application to place the company under provisional liquidation. Cameron Lindsay Duncan and Muk Siew Peng have been appointed as the joint and several provisional liquidators of the company.
The winding-up application will be heard in court on Aug 19.
Executive director and vice chairman Francis Wong, executive director and chief financial officer Leonard Tay and executive director Nitish Gupta have all resigned "to seek new opportunities".
PPE : 285m(1st quarter) become 191m(2nd quarter) 100m asset sell to polish eps of 16.8 Look like the net profit of 47m is mainly come from sales of asset worth 100m
BAT simply a div counter...no income to distribute div...no value.. this time they used previous Q income to distribute 45c...hope doesnt continue for Q3...otherwise sure big disaster!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kinfatt999
2,913 posts
Posted by kinfatt999 > 2016-07-27 20:08 | Report Abuse
good wait low to buy