Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.
Microsoft (MSFT) is initiated at a sell rating due to heightened risk from deep financial and operational dependence on OpenAI. MSFT’s pro forma earnings are overstated by excluding OpenAI’s massive ...
Rayonier, Inc. RYN reported a first-quarter 2025 pro-forma net loss of 2 cents per share against the Zacks Consensus Estimate for pro-forma net income of 8 cents. The reported figure compares ...
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