Earnings Outliers: The Real Deal on Corporate Profitability

The launch of European Immunization Week, affiliated with Pfizer, in Dublin Photograph by Julien Behal/PA Wire via AP Images

As earnings season gets under way, it’s a good time to remember that revenue and profit are not the same thing. Companies may, unsurprisingly, try to spin earnings releases to highlight only part of their story—the part that makes them look the best.

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