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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Seismo who wrote (84829)	7/18/2016 7:40:50 AM
From: Drygulch Dan	Respond to of 220917

zokay by me, i'll take those odds.

To: Seismo who wrote (84829)	7/18/2016 7:40:57 AM
From: Qualified Opinion	Respond to of 220917

Includes 6 cents per share negative adjustments.

To: Seismo who wrote (84829)	7/18/2016 8:30:32 AM
From: stsimon	1 Recommendation Recommended By GROUND ZERO™ Respond to of 220917

Anyone who has worked as a senior executive in a publicly traded company knows that earnings are managed. When times are good excess earnings are put into reserves against various types of potential risks such as fixed price contracts. When times get lean these risks "go away" and the earnings are recognized. There are limits to this practice, but it works well to smooth out relatively minor earnings swings to keep Wall Street happy.