Kenneth, Judging from the words in this article, it looks like NT is reporting .55 under canadian accounting rules and .44 under American accounting rules.
"Brampton, Ontario-based Nortel said net earnings from operations for the quarter, excluding one-time items, rose by 53 percent to $755 million, or 55 cents a share, compared with $477 million, or 36 cents a share, in the year-earlier quarter.
Nortel's net earnings of 44 cents a share in the quarter, under U.S. generally accepted accounting principles, bettered the consensus of 41 cents per share from analysts polled by First Call/Thomson Financial."
Thanks, Brian |
