On 15 July, an analyst is examining a company with a fiscal year ending on 31 December.

Question:

Use the following data to calculate the company’s trailing 12 month earnings (for the period ended 30 June 2010):

• Earnings for the year ended 31 December, 2009: $1,200;

• Earnings for the six months ended 30 June 2009: $550; and

• Earnings for the six months ended 30 June 2010: $750.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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On 15 July, an analyst is examining a company with a fiscal year ending on 31 December.

Question:

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International Financial Statement Analysis CFA Institute Investment Series

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