5 ms·
GAAP earnings == earnings in the context of the parent posts. Just because you slap a fancy acronym in front of the word "earnings" doesn't make it any differen
by jwheeler79 13y ago
GAAP earnings == earnings in the context of the parent posts. Just because you slap a fancy acronym in front of the word "earnings" doesn't make it any different. However, revenue != profit. And, a 1% profit margin is pretty shitty friend.
- pbreit 13y agogaap earnings are not the same as earnings and are frequently mis-leading for this type of company. A small profit margin is almost devoid of meaning for a company not trying to generate profits.