Understanding a set of financial results is difficult even before management teams get the crayons out to add some creativity to the reported metrics. Faced with a raft of different earnings metrics, you need your wits about you.
Let’s start with what HEPS means. The acronym stands for headline earnings per share, a South African concept designed to stop companies from reporting utter nonsense in the same way that the Americans love doing. “Adjusted earnings before interest, taxes, depreciation and amortisation” is abused to incredible levels on the US market, allowing executives to pretend that all the minor inconveniences don’t exist...
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All the latest available tech, safety & finance | City PressIn Trending this week, we check out Samsung’s new S23, with its good value for money, and Ring’s Spotlight Cam Plus home security camera which works during load shedding. Help is also at hand for you to plan for your financial future with financial services group Sanlam, writes Nafisa Akabor.
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