Adjustment for stock splits and stock dividends
Posted: 19 February 2016 04:09 PM   [ Ignore ]
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Hey experts,

I’m currently trying to compute an earnings per share variable. I already found EPSPX for Compustat (#58), but now I want to adjust EPS for stock splits and stock dividends. May anyone help me how to do this with Compustat data?

Thanks in advance!
C

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Posted: 19 February 2016 09:08 PM   [ Ignore ]   [ # 1 ]
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This variable may be what you need (Compustat Funda): adjex_f - Cumulative Adjustment Factor by Ex-Date - Fiscal

Best Regards,

Joost

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Posted: 20 February 2016 12:50 PM   [ Ignore ]   [ # 2 ]
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Now I have a question:

I guess, the considered variable must simply be multiplied with adjex_f ?

Thank you!

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Posted: 20 February 2016 12:57 PM   [ Ignore ]   [ # 3 ]
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I usually take a firm that has had some stock splits and pull a few years of data (#shares, net income, eps, stock price) to see what makes sense (somehow I keep forgetting smile).

Best,

Joost

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Posted: 20 February 2016 01:02 PM   [ Ignore ]   [ # 4 ]
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That makes sense wink I will try this .. thank you!

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