26.09.2019 - Studies
About half of the DAX companies report adjusted earnings per share that deviate from the accounting standard. Often costs are declared as special effects but are recurrent in nature. Likewise, income that was generated by the costs is left in the result. Instead of a clearer picture, the adjustments form a biased picture of a firm’s profitability. Adjusted earnings per share are on average 33% higher than IFRS earnings.
This study is available in German only.
07.12.2018 - Companies
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