NEW YORK, May 31, 2002 (PRIMEZONE) -- StockDiagnostics.com announces that WorldCom's adjusted OPS(TM) (Operational-cash flow Per Share) and EPS (Earnings Per Share) data, for its July 12, 2002 scheduled conversion of its MCI group common stock into WorldCom group common stock, is now available. WorldCom, Inc. (Nasdaq:WCOM) announced on May 21, 2002 that it would convert each MCI group tracking share into 1.3594 shares of WorldCom group common stock.
Applying the conversion scheduled for completion on July 12, 2002, WorldCom's EPS for its quarter ended March 31, 2002 has been adjusted to $.04 as compared to $.06 per share. WorldCom's OPS will adjust to $.58 as compared to $.54 per share for its quarter ended March 31, 2002.
For the trailing 12 months ended March 31, 2002, WorldCom's OPS (Operational-cash flow Per Share) adjusts to $2.65 per share as compared to its OPS of $2.24 per share. WorldCom's EPS for its trailing 12 months adjusts to $.30 per share as compared to $.36 for the trailing 12 months ended March 31, 2002.
All of Worldcom's adjusted data is now available on the StockDiagnostics.com web site. Calculations are based on data and information provided within WorldCom's Financial Statements that are filed with the Securities & Exchange Commission. To view the OPS and EPS diagnostic charts for WorldCom's most recent 20 quarters and its 5 year history of trailing 12 month data go to: http://www.StockDiagnostics.com Quarterly and trailing 12-month data can be viewed by placing the cursor over the bar graphs.
What is OPS(TM)?
"OPS" stands for "Operational-cashflow Per Share." It is derived from the line item "Cash Flow from Operations" which appears in a company's quarterly and annual Cash Flow Statements filed with the Securities & Exchange Commission. "OPS" is calculated by dividing a company's Cash Flow from Operations by the total number of shares outstanding. StockDiagnostics.com created "OPS" (Operational-cashflow Per Share) as a metric that can be used to assess the real values of a company as opposed to artificial values for EPS and EBITDA or CFPS, which may be produced by creative accounting. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease change in it can drain this lifeblood, causing an increase in debt, share dilution, share price erosion and in the more extreme cases, bankruptcy. For information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm
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