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Sims Limited's (ASX:SGM) recent weak earnings report didn't cause a big stock movement. Our analysis suggests that along with soft profit numbers, investors should be aware of some other underlying weaknesses in the numbers.
See our latest analysis for Sims earnings-and-revenue-history
How Do Unusual Items Influence Profit?
Importantly, our data indicates that Sims' profit received a boost of AU$121m in unusual items, over the last year. While we like to see profit increases, we tend to be a...
>>> Read more: Sims' (ASX:SGM) Anemic Earnings Might Be Worse Than You Think
See our latest analysis for Sims earnings-and-revenue-history
How Do Unusual Items Influence Profit?
Importantly, our data indicates that Sims' profit received a boost of AU$121m in unusual items, over the last year. While we like to see profit increases, we tend to be a...
>>> Read more: Sims' (ASX:SGM) Anemic Earnings Might Be Worse Than You Think