Essays about: "Non-GAAP earnings"

Found 4 essays containing the words Non-GAAP earnings.

  1. 1. The use and effects of non-GAAP earnings in the Swedish setting

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Taneli Tolonen; Martin Pütsep; [2016]
    Keywords : Non-GAAP earnings; Swedish data; Industry classification; Event study; Value relevancy;

    Abstract : Non-GAAP earnings are commonly reported figures that do not follow the guidelines for earnings defined by accounting standards but are constructed instead by the company managers without restraint. Lately, there has been an increased focus and discussion on the integrity of the non-GAAP earnings as they might give a misleading indication about the financial performance. READ MORE

  3. 2. Adjusted earnings on the Stockholm Stock Exchange

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Franz Larsson; Najib Maqsoudi; [2016]
    Keywords : street earnings; non-GAAP earnings; non-recurring items; extraordinary items; special items;

    Abstract : We investigate the usage of adjustments among the large cap firms listed on Nasdaq OMX Stockholm, and how it has changed between the years 2006 and 2014. We do this by identifying firms who make adjustments in their year-end reports to communicate earnings that are different from the IFRS earnings. READ MORE

  4. 3. Do Analysts' Exclusions Lead to Better Forecasts?: An Analysis of the Effects of Street Earnings Exclusions on Target Price Forecast Accuracy

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Magnus Bäckström; Dana Ayers; [2015]
    Keywords : Non-GAAP earnings; Street earnings; Exclusions; Target prices; Forecast accuracy;

    Abstract : Sell-side analysts regularly make earnings forecasts, stock recommendations, and target price forecasts in their research reports. As part of their earnings forecasts, analysts commonly make "exclusions", which is the process of excluding expense and income items that they believe will not reoccur in future periods. READ MORE

  5. 4. A Guide to the Ga(a)p in the Street - A Quantitative Analysis of Sell-side Analysts' Exclusion Decisions Regarding Special Item Subcomponents and the Impact of Management Guidance on Street Earnings

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Thordis Lajewski; Dovile Sniokaite; [2014]
    Keywords : Street Earnings; Earnings Guidance; Special Item Subcomponents; Analyst Exclusions; Non-GAAP earnings;

    Abstract : Firms' performance is reported by means of up to three earnings measures: firms' mandatory GAAP, firms' complementary pro forma and sell-side analysts' street earnings. The latter two measures (non-GAAP) are derived through the exclusion of earnings components, special (i.e. non-recurring) and incremental (i. READ MORE