News for hackers. Stuff that matters.
Re:Alphabet slides 5% after missing earnings expectations on... by losty on Thursday April 21, 2016 @06:10PM (#11545678)
The two are unrelated. They could spend all their cash on buybacks and the earnings would be the same.
Re:Alphabet slides 5% after missing earnings expectations on... by ucha on Thursday April 21, 2016 @06:57PM (#11545921)
Earnings are reported per share so stock buybacks are actually a pretty common way to make earnings look better. Of course, it doesn't change the total earnings but the number reported by techcrunch would indeed change.
Re:Alphabet slides 5% after missing earnings expectations on... by jonknee on Friday April 22, 2016 @03:33PM (#11551998)
The analysts making EPS estimates know about the buybacks too and increase the EPS to compensate.
Re:Alphabet slides 5% after missing earnings expectations on... by randomname2 on Friday April 22, 2016 @03:44AM (#11547616)
By earnings I meant EPS