Earnings season for the third quarter is nearly accomplished. It seems to be like the businesses within the S&P 500 will report earnings per share which can be 2.2% decrease than they had been a yr in the past. It will likely be the third straight quarter of year-over-year declines.
This can be a concern for 2 causes.
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First is the truth that firms usually make changes to earnings. That is known as non-GAAP earnings, and it excludes one-time elements and particular costs the corporate’s administration thinks will distort the true image of operations.
GAAP, or usually accepted accounting procedures,…