@cedrick.casper
A stock's earnings persistence percentage refers to the consistency and stability of its earnings over time. It is a measure that depicts how likely a company's earnings are to persist or continue in the future. The percentage indicates the proportion of a company's earnings that can be predicted or expected to repeat in subsequent periods.
Higher earnings persistence percentage suggests greater stability and reliability of a company's earnings, indicating that the company is likely to generate consistent and predictable profits over time. On the other hand, a lower percentage suggests less certainty in the persistence of earnings, signaling a higher degree of variability or uncertainty in a company's profitability.