Sunday Funnies: Barron's predicting profits? - Sheldon Liber

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Sunday Funnies: Barron's predicting profits?
Nov 08, 2009 11:40 PM UTC

Sheldon Liber

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Filed under: Earnings reports, Rants and raves, Applied Materials (AMAT), Sunday Funnies

In this week's (November 9) Preview Section of Barron's (subscription required) I was surprised to find that on Wednesday (11/9) it is noted that Computer Sciences (CSC), Applied Materials (AMAT), and Macy's (M) reported "profits." How do they know this?

On other days they refer to the "earnings" of various companies reporting. Perhaps I am splitting hairs, perhaps it is editorial haste (like you might find on our site), or perhaps there is no difference in some people's minds? From my perspective there is a difference between earnings and profits. Every quarter, public companies report their earnings. They do not always report a profit.

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Sunday Funnies: Barron's predicting profits? originally appeared on BloggingStocks on Sun, 08 Nov 2009 18:40:00 EST. Please see our terms for use of feeds.

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