Q: Where did Well's profitability go??
They had positive EPS now Google is showing $-0.52 EPS? What happened?
They had positive EPS now Google is showing $-0.52 EPS? What happened?
5i Research Answer:
Analysts prefer to use adjusted earnings, to account for non-cash and one time charges. But WELL was profitable on a normalized accounting standard as well, at 5c per share in the Q2. On an adjusted basic, EPS was 10c. EPS of 34c is expected for the full year.