Digging through the guidance numbers

Credit Corp has lost market ground … but financial archeology points to further growth.

PORTFOLIO POINT: While Credit Corp hits its profit guidance numbers, the company’s shares have dropped. But CCP still has a strong financial record if you dig deep enough.

It is the market’s short termism that is its downfall. As this discussion of a particular aspect of Credit Corp’s reporting style demonstrates, it helps to be a bit of an archeologist.

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