He said shares trade for 17 times estimated 2002 cash earnings, a 20 percent discount to the S.& P. 500.
He forecasts average annual cash earnings growth of 13 percent over the next two years.
If good will is factored out, the deal will increase Tribune's cash earnings per share beginning next year, the company said.
Its target is to spend 1% of cash earnings before tax in this area.
Sure, I could sit on the dough and declare it a little at a time as cash earnings over the years.
Consider the management of a process with cash earnings or savings for a company or government: potentially £100,000 but aiming to make £ 60,000.
Average cash earnings per partner were $565,000, up 9.7 percent from $515,000 the year before.
It includes cash earnings plus changes to working capital.
What the company calls its cash earnings measure, an unofficial financial yardstick, was reported at 18 cents a share.
It measures the cash earnings that can be used to pay interest and repay the principal.