May not be a bad idea to include both operating earnings AND reported earnings (tab for future improvement). Are earnings received from investments included in operating earnings? It would seem that operating earnings, which is very useful, would favor certain industries over others. I would guess, for example, that industrial companies' earnings are mostly operating...but what about financial companies?..that may have alot of passive income? This goes towards dividends, does it not? What about reits?..and their earnings?
--- In [email protected], "gary" <[EMAIL PROTECTED]> wrote: > > We have operating earnings, they are different than reported earnings. > > TTM EPS is the sum of the last 12 months of earnings, in our case, operating earnings, not reported earnings. Our nuber may or may not match Yahoo's number, as they use reported earnings. > > None of this has any bearing on dividend yield, that's annual dividend / current price. > > Our PE is based on operating earnings, Yahoo's is based on reported earnings, they may or may not match. > > Since we don't have reported earnings, if you want to calculate anything using reported earnings, you have to use numbers from somewhere outside of Quotes Plus. > > Gary > > > > ----- Original Message ----- > From: investor0329 > To: [email protected] > Sent: Thursday, March 08, 2007 4:15 AM > Subject: [quotes-plus] Gary...(corrected version) Re: what is the TTM EPS for ticker ACAS? > > > This is a repost as I has a small error in my last submission... > > ************************* > > The problem/question is..which is more useful in examining payout > ratio in determining whether the company is viable in paying out the > dividend? > > The numbers at the the Merrill Lynch website are in agreement with > those at Yahoo, at least for acas. > > Question..then.. is the definition of ttm eps as currently used in > QP, the same as the definition of the eps used in CALCULATING THE > DIVIDEND YIELD???? It would appear not...which is a cause of great > confusion. > > What I am saying is...in QP, it would appear that the definition of > earnings yield is OUT OF SYNCH with the definition of ttm eps!!..and > therefore a viable payout ratio cannot be computed. > > If you look at acas at Yahoo..the dividend yield given matches what > is given by QP Yet the p/e given at QP is almost double that given at > Yahoo because of the ttm eps definition difference given by Reuters. > In QP, then, there is a different eps figure used to compute the > dividend yield than to compute the p/e. > > I think they should both be the same...any comments? > > --- In [email protected], "gary" <gary@> wrote: > > > > > > I've asked Reuters to clarify the numbers for me > > > > Best regards, > > > > Gary Lyben > > > > ----- Original Message ----- > > From: investor0329 > > To: [email protected] > > Sent: Saturday, February 24, 2007 4:40 AM > > Subject: [quotes-plus] what is the TTM EPS for ticker ACAS? > > > > > > TTM EPS is twelve month trailing earnings per share > > > > According to QP data it is $3.11 > > > > According to Yahoo, it is $6.55 > > > > Which is it? If QP is right, than ACAS is paying more in dividends > > than it earned. If Yahoo is right, then ACAS is doing great. Chat > > board at Yahoo says ACAS is doing great because of the low > dividend > > payout ratio which is dividends payed divided by TTM EPS. > > > > Am I reading the above numbers correctly? > > > > TTM EPS has a specific definition, does it not?..no room for > different > > definitions, right? > > >
