SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas C. Donald who wrote (4403)8/9/1997 5:25:00 PM
From: J.S.   of 13594
 
As you pointed out, AOL had 6.6 cent/share in operating income.
Briefing.com is wrong when it claims 9 cent for that item. However, operating income is not the same as net income exclusive of extraordinary items. It is the latter that analysts predict which includes non operating income such as interest on cash that AOL had.

If loss carryover is properly accounted for as the extraordinary
item that it is, then AOL did worse than 6.6 (not counting extraordinary items). It only earned 5.5 to 6.5 cents/share depending
on its effective tax rate. The question I still have is how
analysts treated this issue in their predictions.

IMO, it is the critical question as to whether the earnings report
will ultimately be perceceived by bulls as good news or bad news. If Reuters and Fools have to change their story, that will be
very good news for us.

Joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News