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'?
I've vented before about how frustrating it is to try and really get a handle on earnings. See here and here for a couple of good threads. Best you can do is discard what really seems like an aberration and otherwise try to use the same earning variant quarter after quarter (GAAP vs non-GAAP, adjusted vs non-adjusted, etc.) to get a sense of changes.