Who Trades on Pro Forma Earnings Information?

In recent years, many companies have emphasized adjusted‐GAAP earnings numbers in their quarterly press releases. While managers use different names to describe these nonstandard earnings metrics, the financial press frequently refers to them as “pro forma” earnings. Managers and other advocates of...

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Bibliographic Details
Main Authors: BHATTACHARYA, Nilabhra, Black, Erv, Christensen, Ted, Mergenthaler, Rick
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
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Online Access:https://ink.library.smu.edu.sg/soa_research/962
https://ink.library.smu.edu.sg/context/soa_research/article/1961/viewcontent/SSRN_id586902.pdf
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Institution: Singapore Management University
Language: English