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Under review

Which historical EPS data best correlates with EPS Estimates in Earnings

Oneil09 10 months ago updated 10 months ago 2

I'm a new subscriber and I'm really enjoying all of the great research and ideas. 


I'm hoping someone can point me in the right direction on something that seems very basic is eluding me.

I'm trying to put together three year projections of EPS growth using historical data for the previous four quarters and Earnings Estimates for subsequent years. When I add the EPS Surprise Actual data for the four previous quarters on the bar chart in Earnings, the total is far different than the ttm EPS data in the Key Data  financials. 


What information should I use for ttm EPS in conjunction with the Earnings Estimates that would be most accurate (or calculated similarly)? The bar chart "Actual" data or the key data financials data? To compound my confusion, in the financials there is also a Normalized eps which is also not close to the "Actual" figures.Three different numbers for ttm EPS and none of them very close to one another.

I've checked this on four or five companies and the information does not correlate. Anyone have ideas on which historical EPS data best correlates with Seeking Alpha's Earnings Estimates for the purposes of caculating EPS growth and Net Margin growth?

Thanks in advance for any help.

Under review

Hi,

The difference between the EPS on Financials and the EPS on Earnings is GAAP vs Non-GAAP. Most earnings estimates and reports are presented in Non-GAAP (i.e. adjusted) figures which exclude one-off charges and other irregularities. The Non-GAAP numbers are usually released in their press release and the 10K or 10Q has the GAAP EPS values.

Thanks,

Daniel Hochman

Director of Product, Seeking Alpha

Thanks Daniel. Just what I needed.