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sproe  
#1 Posted : Sunday, November 15, 2009 4:32:19 AM(UTC)
sproe

Rank: Newbie

Posts: 2

We're looking at education stocks in my club, and someone researching Apollo (APOL) posted an ITK file that shows their last quarter earnings at $1.06.  Stock Central shows it as .57.  This is quite a difference and changes the percentages enormously.  I checked out the NAIC data using the betterinvesting site and that is definitely what they show.  Where does such a difference come from and who am I to believe?

I've attached  the 2 SSGs. The one with NAIC Data is APOL-ND, the one with StockCentral data is APOL-SC. Even things like Insider % are greatly different.

--Sandy

Womens Investment Network

Jupiter, FL

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sproe  
#2 Posted : Sunday, November 15, 2009 5:33:26 AM(UTC)
sproe

Rank: Newbie

Posts: 2

After some research, I think I may have answered my own question.  It seems that Stock Central is reporting the GAAP figures and NAIC Data is reporting the adjusted or non-GAAP figures.

In my opinion the best way to use these two sets of data is to start with the GAAP figures and look at the adjustments in the non-GAAP to decide for yourself if they seem reasonable and make those adjustments if they do.

The actual filing of the 8K or 10K with the SEC is a good place to get the company's explanation of why they feel adjustments are warranted.

Motley Fool has a good article about GAAP that I found useful.

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