I'm a newbie trying to get a handle on valuation. From my very limited understanding (correct me if I'm wrong), Free Cash Flow appears to be more widely used for valuation by research firms, and seems like a better indicator of firm performance. So why is there such a strong focus on earnings? And how misleading can EPS be in measuring firm performance?
Submitted November 26, 2017 at 12:00AM by jpstamour http://ift.tt/2A75N0g
