CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: S&P 500 & Sectors: 1Q23 GAAP Earnings Growth is An Illusion.
A summary of Core Earnings: New Data & Evidence, a paper written by professors from Harvard Business School & MIT Sloan and forthcoming in The Journal of Financial Economics.
An updated edition of "Core Earnings: New Data & Evidence" shows our data is more accurate, more predictive of future earnings, and more predictive of future stock prices.
Though most investors take for granted that corporate managers fudge their earnings, there’s never been any empirical data and evidence to prove it – until now.
Our “novel dataset” of footnotes disclosures enables analysts to strip out the unusual items that distort core earnings measures from traditional sources.
Understated earnings and cheap valuation give this company a higher chance of beating earnings in the short-term and outperforming the market in the long-term.