We are making some changes to the forums and so yesterday and today some messages got accidentally queued for moderation. We fixed it a short while ago.

Teva only filed with the SEC on May 4, 2010, so it will take some time for the Morningstar analysts to vet the numbers and normalize the earnings before the data appears in the StockCentral data feed. Other data feeds include preliminary figures that are not vetted or normalized by analysts.

If you know that the company has reported quarterly results that aren't in the data, it takes about 90 seconds to type in the appropriate data on the Data Entry screen in Toolkit 6 from a press release that you can find on Yahoo! Finance, plus you get to read the summary of results in the release that will give you important information on the status of the company.

Doug

In their press release, the company may well have presented financial statements with details of non-recurring items. That doesn't mean that it has been reviewed by a third-party analyst. In most cases, it's probably not a problem and the company-presented information will correspond to the analyst-reviewed data. On the other hand, there are plenty of cases where companies have obfuscated the presentation of their results to muddy the waters and downplay operational problems; the value of analyst-reviewed data is that it can help identify these kinds of issues. Even with the financial regulatory reforms of the last decade, there are still cases where summary data presented according to GAAP may not be exactly what investors should be looking at. The devil's in the details, as they say, and we look to independent analysts to dig through those details and present a clearer picture of a company's operating earnings. For high-quality businesses, we hope not to see any surprises in the presentation of their financial results, but it's important that investors know the source of any data they use in constructing a company analysis.

Doug