Question

In the Phrase "the firm was trading 96 times trailing earnings..." Can I understand "trailing earnings" as "expected earnings"?

Answer 1

Trailing earnings are past earnings. Generally, the earnings per share for a firm's most recently completed fiscal year.

Answer 2

So, was the author comparing 2011 with 2010, for example?

Answer 3

Probably. The sentence is saying that the shares were currently trading a 96 times what they were in the last fiscal year.

Answer 4

Ok. Thanks for the clue. By the way, I´m getting 3000 unknown words. I think that 3000 words provide a good understanding about a language. What do you think about?

Answer 5

What do you mean by you are getting 3000 unknown words? You mean you have learned them?

Answer 6

When I was reading in english there are some words that I dont know. I get those words and put them in a paper (I call it "my dictionary") to read them after.

Answer 7

I see. Wow. 3000, that's a lot. Good work!

Answer 8

Ok. Friend. I must go now. It was very nice to meet you. You taught me so much. See you later.

Answer 9

Come back and hang out again soon.

Answer 10

you too.

Answer 11

I'm always here lol