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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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Is There a Distorsion in the Financial Sector?

There's more distortion in companies that are just more complex. The conglomerates tend to be more complex. They've got more moving parts and more sort of ability to hide, but also more a discretion over how things are recognized. With an am, numbers in particular, it tends to be more idiosocratic by company. Except for thei a sector, we do not see a lot of distortion there. People just tiy oni. I guess they don't think they need to do it as much, or they or they don't care to do it.

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