Why I'm Committed to the UltraShort Financials ETF [View article]
I'm not sure you are right to reduce their reported EPS by $265M for the reason given because they should have added the $265M to their provision for bad debt during the quarter. The net affect on EPS is zero. They just handled it differently on the P&L
Why I'm Committed to the UltraShort Financials ETF [View article]