COST Fiscal Yr

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Complex Trading: When to normalize Qs for calculating LTM?
Hi,

If I am adding the most recent 3Qs to the K, and taking away the last 3Qs, when do I normalize? Should I normalize after splicing the documents, or before? Does it matter? Any other pointers?
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added 10 years ago
Calendarization
Hi, one quick question on calendarization: when calendarizing financials, should we match all other comparables year endings to our client / focus company (in this case, WMT) or adjust all companies in the model (inclusive of our client / focus company) to a December year ending (irrespective of our... Read More
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added 10 years ago
No most recent Q available
Hi there, A quick question on LTM and/or calendarization: let's say one of the companies in our comps universe hasn't released the most recent's quarter earnings, and we have data for all the others: would we include 1/4 of the FY1 estimated results or simply leave it as is, without the last quarte... Read More
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added 10 years ago