RE: Earnings are down, not good news
BillyBob.....
You need to go back to school for some financial lessons.....lol
Anyway, at the end of the what you put in your pocket is cash flows generated by the business...from what I see STC cash flows have increased quite a bit.
As for net earning....to arrive at this measure non-cash items that are expenses have to be taken into consideration...eg. depreciation expense....yes , positive net earnings are fine, but I prefer cash flows...IT'S MONEY IN THE BANK!!!!
JHMO
MD