[05/10/21] Non-GAAP Earnings -Wishful Thinking or Real Profits
Baruch Lev
MAY 10, 2021
reported its financials for the quarter ended in March 31: Sales, $1.78 billion, were almost identical to same – quarter a year earlier, but GAAP (generally accepted accounting principles) earnings—a loss per share of 49 cents—tumbled 126% from a year earlier. On April 30, 2021, the Clorox Co.
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