I am reading through a company's annual report trying to do research on whether I should invest in them.
I'm new at all this and it's got a lot of complicated terms which I'm unsure about.
One thing I'm trying to figure out is whether there is a difference between a company's earnings vs their profits?
I seem to be getting conflicting views with various sources. http://www.wisegeek.com/what-is-the-difference-between-earnings-and-profit.htm these guys say they're different although their example is a little unclear.
http://www.investopedia.com/articles/basics/03/052303.asp these guys say they can be used interchangeably