-
Earnings recast
Posted 04 January, 2010 by Mitchell Chase from Philippinesthis is a most excellent site, Priestess. I ran into something i can't grasp: what does earnings recast mean?Currency Priestess Answers:Thank you for your vote of confidence, Mitchell. Earnings recast is The act of amending and re-releasing a previously released earnings statement, with specified intent. Some of the most typical reasons for recasting earnings are to show the impact of a discontinued business or to separate out earnings-related events that are deemed to be non-recurring or otherwise non-representative of normal business earnings. Also known as an "earnings restatement". An earnings recast or restatement is usually done to several years of income statements, depending on how far back the recasting goes. This benefits investors by making the earnings statement more useful for research and analysis. Information regarding any earnings recast released by a publicly traded company should be stated in the footnotes for the earnings report.Go to
Related Questions
-
Leaseback
Posted 19 May, 2010 by Chaim S. Woodward from GermanyDear FX Sage, though i have had my share of day buying, i have a question for Your Excellency on something i couldn't fathom: what does leaseback mean?
Read the answer Answered by FX Sage -
regulation of service
Posted 01 April, 2009 by Mckenna Naima Battle from Huelva in Spainmy name is Mckenna Battle. Though i ain't new at trading, but and i was wondering: how do I know which regulators are secured?
Read the answer Answered by FX Sage -
hey Master
Posted 06 July, 2009 by Eleanor Cale Price from Papeete in French Polynesiathank you for a best site, Master! Though i've seen my dues of day selling, i have a question regarding something i can't understand: can you recommend a forex site that's popular for its low leverage
Read the answer Answered by Leverage Master
Want to know more about to trade the forex? Educate yourself about foreign currency exchange brokers such as Finexo Ltd., ACM, UFX bank and GCI, in the following languages: Hebrew, Estonian, Latvian and German, regulated by NFA(US), FSA(JP), ASIC(AU) and CBRC(China). Each broker having a Beginner friendly service, customer support or gadget compatible service.
