In what way is this a “bad thing”, namely that EPS increases are “denominator driven”? Would you propose an alternative to EPS? If so, for what purpose? What would the alternative measure be?
What does it mean to “manufacture” earnings growth via share repurchases? What is your assessment of earnings growth that is denominator driven rather than numerator driven?
If you were the CEO or CFO of a publicly traded firm, would you make your quarterly earnings announcement on Facebook? Why or why not? What do you think will be the outcome of the Netflix case?
HP’s net income fell 16% (and revenue fell 6%) for the most recent year. So, why did its stock rise? What do you think Ms. Lesjak (the CFO) said in her 45 minute speech to managers about the importance of cash flow?
Earnings conference calls often are filled with compliments from analysts, if not sometimes obsequious exchanges. Not this one. Why not?
Do you understand Skullcandy’s earnings announcement? What is the difference between GAAP income and adjusted income? Why did SG&A increase so much YOY? Why was the effective tax rate so low?
