Excluding non-recurring items

Discussion in 'Trading' started by Joab, Oct 4, 2007.

  1. Joab


    Can someone explain this term to me in English please.

    In the context of earnings

    "Excluding non-recurring items"

  2. Big AAPL

    Big AAPL

    ...one time tax charge

    ...asset acquisiion

    ...IOW not part of normal perodic business expenses
  3. Joab



    So in the context of a good number (beats consensus) and Excluding non-recurring items the company could really have made nothing that quarter ???
  4. Big AAPL

    Big AAPL

    That can be true in some respects, but a more thorough investigation into the company's finances are in order. The street tends to overlook unusual one time charges if the "core" results are in line with analysts projections.
  5. Welcome to wall street accounting.
    You'll rarely see excluding one time gains, however.
  6. Joab



    Thanks guys, I think threads like this are what we need more of in ET.
  7. "You'll rarely see excluding one time gains, however."

    One time gains are reported as non GAAP figures to "show a clearer picture of operations"