Behind the Numbers has been delivering independent quality of earnings warnings and sell recommendations on public companies since 1988. Over this time, our firm has earned a reputation as a leading research company with a strong track record of providing profitable recommendations to our clients.

Of the more than 1,500 companies upon which Behind the Numbers has provided financial warnings during this period, 64% have underperformed the S&P 500 and 49% have declined in absolute price. Companies in our portfolio of warnings have collectively underperformd the S&P 500 by 350 basis points annually.