An Arithmetic mystery - need help

[Southie]

Re: An Arithmetic mystery - need help

@kakaballi

Different definition of ‘earnings’? Some analysts use GAAP earnings and some use street earnings.

Yes. That is possible. But you will note that the articles always use the earnings that decrease P to E. So non GAAP I suppose.

So the data table in footnote should specify what type earning it uses for trailing 12 months and ditto the article. In fact, it is irresponsible to provide p to e that makes the case the market is not expensive when GAAP p to e could be 10 pct higher.