Steve, CPQ does not "use tricks" as you state, regarding EPS reporting. CPQ,as every other publically traded company, uses Generally Accepted Accounting Principles(GAAP) and/or International Accounting Standards(IAS), which allow, and it is quite common to reserve for bad debt, obsolete inventory, returns, etc.,etc. In fact this practice is standard operating procedure for ALL public companies. Sorry Steve, but you add no insight to this topic.
Thank you for your guess on EPS, which was 1.70-1.80, (not 1.60-1.70, your math was wrong or a typo, look at your post), looks like we are pretty close! Also keep in mind Steve, that First Call had Dell at 1.16. Dell reported 1.56. +35%. |
