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A Very Quick Look at G4S's Earnings

Stuart J Watson
November 12, 2012

LONDON -- Right now I'm trawling through the FTSE 100 and double-checking for blue chips that may be flattering their profits.

You see, many companies these days report "underlying" earnings, which are calculated by excluding costs the company deems to be "exceptional." The trouble is that some companies are more cavalier than others when it comes to sweeping awkward expenses away from the headline figures.

Today I'm looking at G4S (LSE: GFS.L