While historical financial statements are built on facts, pro forma statements are a result of assumptions. A company's protected financial status is used to paint a picture of what the financial ...

Often used in two ways. First, pro forma earnings refers to projections of earnings. This is often used internally or on a road show for an IPO. Second, it refers to a way of reporting earnings that ...

Nobody has a crystal ball to tell the future, but a well-thought out pro forma can help you project to the best of your ability and explore different scenarios. A pro forma is simply a financial ...