11-09-2013, 05:18 PM
Here's an article from the New York Times providing a high-level look at earnings shenanigans. I know that there are weaknesses with GAAP earnings, but non-GAAP is even more suspect, in my mind. I think I have vented before about how frustrating it can be as a retail investor to get a grip on a company's earnings. It is such an important metric in evaluating the safety and prospects for a company's dividends. Still trying to come to grips with that.