Q: Unless I am mistaken, I believe that CSU only reports GAAP earnings, yet every website I check seems to list their "adjusted" earnings. If this is in fact the case who exactly decides on these adjustments and comes up with the adjusted EPS figure?
5i Research Answer:
The company has 13 analysts following it, and websites aggregate/average the adjusted numbers from these analysts. The stock rose 8.48% yesterday against the overall tide of declining tech stocks.