http://www.marketwatch.com/story/ea...enting-misery-it-doesnt-have-to-be-2016-05-13 GAAP, non-GAAP, footnotes, definitions, missing press releases, and muddled statements and charts are frustrating investors trying to make sense of quarterly earnings reports. This piece discusses the problems and what could be done. Get some aspirin and have a read.
This is a big reason why I'm not a fan of unnecessary share buybacks, among other forms of manipulation.