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Core Earnings: New Constructs' David Trainer on Earnings Distortions with Tobias Carlisle on The Acquirers Podcast

The Acquirers Podcast

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How to Identify the Hidden Version of Earnings Distortion

There's the hidden and reported ons of ernings distortion. Reported earnings distortion is what you can find on the anco statement. There's a lot of unrealized gains and losses are actual rarer gains and losses that can happen a have a big impact as well. A foreign currency translation is also a big one that's pretty common. And we'd all like to believe that, oh, if we just checked this one item off, we could just automatically search for this one string and text, then we would find all these things. But companies are too smart for that.

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