Excess Returns  cover image

A Deep Dive Into Earnings Quality with Columbia Professor Doron Nissim

Excess Returns

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How to Evaluate Earnings Quality

In my earnings quality monograph in the chapter 2, I go through this comprehensive indicator. So there are some comprehensive indicators that you want to look at. Each one of them has advantages. If you see that earnings are growing, but cash form operation is not growing at the same rate, be a great flag.

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