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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Secret_Agent_Man who wrote (413905)3/9/2011 7:57:00 AM
From: MythMan  Read Replies (1) of 436258
 
>>what is the difference between operating earnings and GAAP earnings <<

Operating earnings typically exclude items (normally non –recurring) that are not part of a company’s normal operations. GAAP earnings include everything. The issue with operating earnings is that management can exclude non-recurring items at their own discretion, even if analysts believe the items should be included. You get the drift.
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