QQuarter Turn

EQUITIES & EARNINGS

Reported versus adjusted EPS difference

Subtract two per-share figures for the same period and share basis. The difference alone does not reconstruct a legal charge, account for tax or imply a stock-price target.

Reported versus adjusted EPS difference

Subtract two per-share figures for the same period and share basis. The difference alone does not reconstruct a legal charge, account for tax or imply a stock-price target.

Adjusted EPS − reported EPS. This is arithmetic, not an accounting reconciliation.

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