06-13-2017, 09:38 PM
Does anyone follow Imperial Brands PLC (ADR) IMBBY?? Looks like a great stock with a great dividend. Currently sporting a 4.23% yield. They own brands such as Winston, KOOL, and Blue cigarettes. I think I may have to buy some.
(06-13-2017, 09:38 PM)divmenow Wrote: [ -> ]Does anyone follow Imperial Brands PLC (ADR) IMBBY?? Looks like a great stock with a great dividend. Currently sporting a 4.23% yield. They own brands such as Winston, KOOL, and Blue cigarettes. I think I may have to buy some.
Quote:Does anyone have any idea as to why a company would consistently do this? I always thought Adjusted EPS was for 'one off/irregular costs'?
Quote:Adjusted (Operating) Earnings – The problem with basic and diluted earnings are that they may not accurately or adequately reflect the health of the business or the underlying earnings power of the company, because of the potential inclusion of unusual items that are not expected to occur every year. Consequently, many companies will report “adjusted,” “non-GAAP” or “operating” earnings. Since this version of earnings excludes special items and nonrecurring charges, they are thought to better reflect or perhaps paint a clearer picture of the actual operating results of the respective company’s business. In other words, special items are excluded because they are not considered regular or constant expenses or benefits required for the day-to-day operations of the business.
Quote:... Experience has shown that this version of operating earnings usually presents the best correlation between earnings and stock price. In other words, stock price tends to track and correlate to operating earnings more closely than versions of earnings that also includes special items. ...