Originally Posted by
ridefar
But given the "quality" of the earnings press release, there is just no way to know. Other than they used non-GAAP ways to get there. Which is suspicious as heck. Especially since every other time I see non-GAAP numbers used, companies are explicit as to what and why. AC wasn't.
Do you think AC made up these non-GAAP metrics?
Have you read the other airlines' quarterly reports?
I'm not an accountant but do people really think AC is cooking the books and simply applying some obscure application to turn their red to black??